illiquid

adjective

il·​liq·​uid (ˌ)i(l)-ˈlik-wəd How to pronounce illiquid (audio)
1
: not being cash or readily convertible into cash
illiquid holdings
2
: deficient in liquid assets
an illiquid bank

Examples of illiquid in a Sentence

Recent Examples on the Web Fractional shares are illiquid outside of Robinhood and are not transferable. Stephanie Tsai, The Hollywood Reporter, 8 Apr. 2024 Yet in reality, these investors have an illiquid investment that is hard to spin into gold. Lauren Hirsch, New York Times, 26 Mar. 2024 Such trades sometimes indicate a lower valuation than a company might achieve in an IPO, as private shares are relatively illiquid. Ryan Gould, Bloomberg.com, 28 Jan. 2024 The facilitation of novel asset-sharing models and marketplaces for previously illiquid assets like art or intellectual property also falls under the realm of possibility of NFTs. Nikita Sachdev, Forbes, 26 Feb. 2024 Ellison, the former chief executive of FTX's sister hedge fund, Alameda Research, told Alameda employees at the meeting that the crypto hedge fund had secretly used billions of dollars of FTX customer funds to pay back loans and make illiquid venture investments. WSJ, 12 Oct. 2023 Low appetite for illiquid investment and low responsiveness to supportive macroeconomic policies: that, in a nutshell, is economic long COVID. Adam S. Posen, Foreign Affairs, 2 Aug. 2023 About two-thirds of the money that FTX owed to the people who held cryptocurrency on its exchange – roughly $11.3 billion of $16 billion owed – was backed by illiquid coins created by FTX. Brandy Hadley, The Conversation, 7 Nov. 2023 The report alleged that large portions of Alameda’s balance sheet consisted of a highly illiquid crypto token, FTT. Joel Khalili, WIRED, 28 Sep. 2023

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'illiquid.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1913, in the meaning defined at sense 1

Time Traveler
The first known use of illiquid was in 1913

Dictionary Entries Near illiquid

Cite this Entry

“Illiquid.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/illiquid. Accessed 18 Apr. 2024.

Last Updated: - Updated example sentences
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