3 ms·

If you can't sell it, you don't really own it.

• gecko 12y ago
  Eh. I own a lot of stock in one of the companies I used to work for. I can't legally sell it. That doesn't mean I don't own it, but I mentally adjust its on-paper value appropriately, basically multiplying its on-paper value by the chance that the company might go public. In effect, what I own is a lottery ticket, but I do own that ticket.
• pfortuny 12y ago
  No: if you can't sell it, it is not money-equivalent but you own it anyway. You cannot sell your arm, or your life, or so many other things. And at the same time, it is not that they can't sell it. They can't at the price they expect. Which is different.
• Istof 12y ago
  what would you say about the value if you can't sell it? 0?