illiquid

English

Etymology

From il- + liquid.

Pronunciation

  • IPA(key): /ɪˈlɪkwɪd/
  • Rhymes: -ɪkwɪd

Adjective

illiquid (comparative more illiquid, superlative most illiquid)

  1. (finance) Lacking liquidity; unable to be converted into cash.
    Investment in illiquid assets may prove to be a mistake if the market turns down.
    • 2023 January 17, Matthew Goldstein; David Yaffe-Bellany, “In Hunt for FTX Assets, Lawyers Locate Billions in Cash and Crypto”, in The New York Times, →ISSN:
      Aside from the $5.5 billion, FTX also holds sizable positions in 20 digital assets that the lawyers described as “illiquid tokens” that are difficult to convert into cash.

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See also

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