"Illiquid investments" refers to those assets or financial instruments that are not easily bought or sold, which means they cannot be quickly converted into cash without incurring significant costs or time delays. Full definition
Some hedge funds specialize in illiquid investments for investors with a long time horizon who could care less what the market does on a daily, weekly, monthly or yearly basis. (ritholtz.com)
There are all manner of illiquid investments offering yield, but almost all of them lock the investor up for a time. (alephblog.com)
Taking on illiquid investments is a bet the the future will be very good; there will be no reason to liquidate funds. (alephblog.com)