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"illiquid assets" is a correct and usable term in written English.
You can use this term when discussing investments or business assets that are not easily converted to cash. For example, "Real estate is one of the most common illiquid assets businesses own."
Exact(60)
It might be that the manager is buying illiquid assets.
The difference in returns is particularly pronounced for funds holding illiquid assets.
Does hedge funds' ability to invest in illiquid assets improve market liquidity?
The article illustrates innovative techniques for investors to determine the optimal allocation to illiquid assets.
But when bad news hits stockmarkets, illiquid assets can be hit extremely hard.
Furthermore, niche strategies tend to invest in illiquid assets, such as exotic options.
We could have a trillion of liquid or illiquid assets and no excess reserves.
Compared with money held in savings accounts, cattle are illiquid assets.
For illiquid assets, Enron had considerable discretion in deciding what constituted a fair price.
Banks will be able to swap illiquid assets for more sound government securities.
But in the late 1990s, endowments sharply increased their stake in illiquid assets, including venture capital.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com