Thin Market
A market with few bid and ask offers. The market is characterized by low liquidity, high spreads, and high volatility. Also known as a narrow market.
Investopedia Commentary
In a thin market smaller changes in supply or demand can have a significant impact on prices. A thin market is the opposite of a liquid market.
See also: Graveyard Market, Liquid Market, Liquidity, Spread, Volatility, Volume
thin market