LIQUIDITY PATH
\lɪkwˈɪdɪti pˈaθ], \lɪkwˈɪdɪti pˈaθ], \l_ɪ_k_w_ˈɪ_d_ɪ_t_i p_ˈa_θ]\
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The route taken by a company to have liquidity allowing its owners or founders to convert their ownership in the company to other means of currency or investments. Initial public stock offerings or merger with a larger company are some forms of liquidity paths.
By Henry Campbell Black