illiquid

comparative more illiquid · superlative most illiquid

1. Lacking liquidity.
   1. businessNot readily converted into cash.

      illiquid assets

      3 more examples

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

      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 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

      “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.

      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

      Antonyms: liquid

   2. businessHaving substantial assets but with most of them being of types not readily converted into cash (thus, not having much ready money).

      illiquid millionaires

      Antonyms: liquid