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illiquid

[ih-lik-wid]
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adjective (of an asset)
  1. not readily convertible into cash; not liquid.

Origin of illiquid

First recorded in 1685–95; il-2 + liquid
Related formsil·li·quid·i·ty, nounil·liq·uid·ly, adverb
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

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British Dictionary definitions for illiquid

illiquid

adjective
  1. (of an asset) not easily convertible into cash
  2. (of an enterprise, organization, etc) deficient in liquid assets
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Word Origin and History for illiquid

adj.

1690s, from il- "not" + liquid in the financial sense.

Online Etymology Dictionary, © 2010 Douglas Harper