illiquid

From il- +‎ liquid.

• IPA^(key): /ɪˈlɪkwɪd/
• Rhymes: -ɪkwɪd

illiquid (comparative more illiquid, superlative most illiquid)

1. (finance) Lacking liquidity; unable to be converted into cash.

   Investment in illiquid assets may prove to be a mistake if the market turns down.

   • 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:

     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 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:

     “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.

• liquid

• illiquidity

• solvent
• insolvent