Answer:
ture
Step-by-step explanation:
Illiquid refers to an asset that cannot be quickly converted to cash. Such assets suffer a valuation loss when sold in exchange for cash. In other words, it is an uphill task to sell such assets owing to the utterly low trading activity due to a lack of investor interest. Some examples of inherently illiquid assets include houses and other real estate, cars, antiques, private company interests and some types of debt instruments. Certain collectibles and art pieces are often illiquid assets as well.