illiquid

English

Etymology

From il- (“not”) +‎ 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.

   Antonym: liquid

   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^[1], →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.

   • 2023 September 30, Victoria Bekiempis, quoting Caroline Ellison, “‘Dark’ donations, free love and the fall: the Sam Bankman-Fried trial is here”, in The Guardian‎^[2], →ISSN:

     “While I was co-CEO and then CEO, I understood that Alameda had made numerous large illiquid venture investments and had lent money to Mr Bankman-Fried and other FTX executives,” Ellison said.

Related terms

• illiquidity

Translations

lacking liquidity

• Bulgarian: неликвиден (nelikviden)
• Czech: nelikvidní
• Finnish: epälikvidi (fi)
• French: illiquide (fr)
• German: illiquid (de)
• Polish: niepłynny
• Portuguese: ilíquido
• Russian: неликви́дный (ru) (nelikvídnyj)
• Spanish: ilíquido
• Swedish: illikvid (sv)

See also

• solvent
• insolvent