illiquid


il·liq·uid

adjective \(ˌ)i(l)-ˈlik-wəd\

Definition of ILLIQUID

1
:  not being cash or readily convertible into cash <illiquid holdings>
2
:  deficient in liquid assets <an illiquid bank>
il·li·quid·i·ty \-ˌli-ˈkwi-də-tē\ noun

First Known Use of ILLIQUID

1913

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