PsychologyAugust 10, 2026
illiquid
i-LIQ-wid
Definition
Describes an asset, security, or market that cannot be easily sold or converted into cash quickly without significantly affecting its price.
Etymology
Derived from the Latin 'liquidus' meaning 'fluid' or 'clear,' with the prefix 'il-' (a variation of 'in-') added to indicate negation, meaning 'not fluid.'
In the news
In the context of the Nigerian stock market, illiquid refers to stocks that lack enough buyers or sellers to allow for large transactions without causing significant price volatility. This condition is crucial for investors to understand when assessing market health and liquidity risks.
Expert Hails Nigerian Stock Market Cap’s Record 228% Growth To N158trn
Read the full article ↗New Telegraph