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illiquid
[ ih-lik-wid ]
illiquid
/ ɪˈlɪkwɪd /
adjective
- (of an asset) not easily convertible into cash
- (of an enterprise, organization, etc) deficient in liquid assets
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Other Words From
- illi·quidi·ty noun
- il·liquid·ly adverb
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Example Sentences
He made a highly illiquid bet on LightSquared, a wireless broadband company, that has sandbagged his fund and reputation.
From The Daily Beast
By 2000, he had put most of its endowment fund in illiquid investments.
From The Daily Beast
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