Illiquid
An investment is said to be illiquid if it can't easily be turned back into cash quickly & at a low cost.
Shares in smaller companies are more likely to be illiquid than those in larger companies; they will be less easy to sell & you are likely to find that the spread or difference between the buying & selling price is much wider.So, in other words blue chip shares are more liquid than unquoted companies. |
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