illiquid
adj/ɪˈlɪkwɪd/
Etymology From il- (“not”) + liquid.
› Lacking liquidity.
- illiquid assets
- Investment in illiquid assets may prove to be a mistake if the market turns down.
2 more examples
- 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 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:
- “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.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, →ISSN:
- Derived terms
- illiquidly
- Related terms
- illiquidity, frozen, insolvent, solvent