illiquid

adjective il·liq·uid \(ˌ)i(l)-ˈlik-wəd\

Definition of ILLIQUID

: not being cash or readily convertible into cash <illiquid holdings>

: deficient in liquid assets <an illiquid bank>

— il·li·quid·i·ty \-ˌli-ˈkwi-də-tē\ noun

1913

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