Illiquidity
Market basicsThe difficulty of converting an asset to cash quickly at a fair price.
In plain terms
A flat can take months to sell, and longer in a bad market. That is not a small footnote — it is the main risk of property.
1492 terms
Glossary
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
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