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ASSET LIQUIDITY RISK Definition & Legal Meaning

Definition & Citations:

The RISK of loss arising from an inability to sell or pledge ASSETS at, or near, their carrying value when needed; a subcategory of LIQUIDITY RISK. See also ASSET FUNDING LIQUIDITY RISK, ENDOGENOUS LIQUIDITY RISK, EXOGENOUS LIQUIDITY RISK, FUNDINGLIQUIDITY RISK.

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