Definition
A non-liquid asset is an asset that cannot be quickly converted into cash without a substantial loss in value, such as real estate, equipment, or intellectual property.
Related Services
Real estate investment, asset management, and financial planning services help individuals and businesses manage and monetize non-liquid assets effectively.
Problem and Application
Non-liquid assets are important for long-term wealth but may limit immediate access to funds in times of financial need.
Conclusion
Non-liquid assets are valuable for wealth building, but businesses and individuals should balance them with liquid assets for greater financial flexibility.
