/ɪˈlɪkwɪd/ – adj
Definition: 1. không rõ ràng;
2. không có căn cứ pháp lý.
A more thorough explanation: “Illiquid” refers to an asset or security that cannot be easily sold or converted into cash without significantly affecting its price. In legal terms, illiquidity may refer to a lack of marketability or the inability to quickly sell an asset at fair market value due to limited demand or other factors.
Example: The illiquid nature of the investment made it difficult for the investor to sell their shares quickly.