illiquid

American  

[ih-lik-wid] / ɪˈlɪk wɪd /

adjective

1. not readily convertible into cash; not liquid.

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illiquid British  

/ ɪˈlɪkwɪd /

adjective

1. (of an asset) not easily convertible into cash

2. (of an enterprise, organization, etc) deficient in liquid assets

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Other Word Forms

• illiquidity noun
• illiquidly adverb

Etymology

Origin of illiquid

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

Example Sentences

The structural problem with funds like this is they promise investors short-term liquidity while holding long-term, illiquid assets with opaque valuations.

From The Wall Street Journal

Redemption requests from investors in private-credit funds have been mounting, which causes headaches for fund managers who need to limit redemptions to avoid selling illiquid loans at heavy discounts.

From MarketWatch

What’s Next: Many private market lenders are exposed to industries at the epicenter of the AI disruption trade, and some of them have been caught out by falling company values and illiquid loan portfolios.

From Barron's

Redemption requests from investors who might be worried about the threat to software companies from AI have overwhelmed the capacity of the credit funds to raise liquidity at short notice in illiquid markets.

From MarketWatch

Private market lenders face falling company values and illiquid loan portfolios due to AI disruption, triggering write-downs and withdrawal halts.

From Barron's