Illiquid
/ɪˈlɪkwɪd/ adj
adj ·Rare ·Advanced level
Definitions
Adjective
- 1 Lacking liquidity.; Not readily converted into cash.
"illiquid assets"
- 2 Lacking liquidity.; Having substantial assets but with most of them being of types not readily converted into cash (thus, not having much ready money).
"illiquid millionaires"
Example
More examples"Investment in illiquid assets may prove to be a mistake if the market turns down."
Etymology
From il- (“not”) + liquid.