illiquid

[ ih-lik-wid ]

adjective

1. not readily convertible into cash; not liquid.

illiquid

/ ɪˈlɪkwɪd /

adjective

1. (of an asset) not easily convertible into cash
2. (of an enterprise, organization, etc) deficient in liquid assets

Other Words From

• illi·quidi·ty noun
• il·liquid·ly adverb

Word History and Origins

Origin of illiquid¹

First recorded in 1685–95; il- ² + liquid

Example Sentences

Another argument is that this will push people into illiquid, hard-to-value assets and out of the public markets.

From ProPublica

The art market is so opaque and illiquid that it barely functions like a market at all.

From Freakonomics

He made a highly illiquid bet on LightSquared, a wireless broadband company, that has sandbagged his fund and reputation.

From The Daily Beast

By 2000, he had put most of its endowment fund in illiquid investments.

From The Daily Beast