Non-marketable securities are hard-to-trade assets, not listed on major exchanges. Learn their definition, examples, differences from marketable securities, and their purposes.

Marketable securities are a form of security or debt that can be converted or sold for cash in a year or less. Their liquidity comes from both the time they can be redeemed and their redemption rate.

Nick Lioudis is a writer, multimedia professional, consultant, and content manager for Bread. He has also spent 10+ years as a journalist. Andy Smith is a Certified Financial Planner (CFP®), licensed ...

Non-marketable securities are those that investors cannot easily sell on an open exchange. This means investors can’t easily convert them to cash. Although this is an obvious downside of ...

The textbook definition of marketable securities is a financial instrument that can be bought or sold on a public exchange. Common and preferred stocks; corporate, government, and municipal bonds; ...