American Heritage® Dictionary of the English Language, Fourth Edition
- adj. Not readily converted into cash: illiquid assets.
- adj. Lacking cash or liquid assets.
Century Dictionary and Cyclopedia
- In civil and Scots law, not liquid, clear, or manifest; not ascertained and constituted either by a written obligation or by the decree of a court: said of a debt or a claim.
- adj. finance lacking liquidity
- From il- + liquid. (Wiktionary)
“Instead, a substantial portion of the bank's portfolio was placed in illiquid investments such as real estate and private equity," the SEC alleged.”
“[The] increase in illiquid investments raises concerns.”
“Some market experts worry that investing in illiquid assets, despite their inherent risks, has become almost mainstream.”
“As prices went against them, the hedge funds continued to add to concentrated positions in illiquid securities, making their exposure worse!”
“The film adapts "Atlas Shrugged," a steamy libertarian novel featuring the ultimate corporate long-term illiquid investment, railroads.”
“A bank makes its money by "borrowing short" (deposits or repo) to "go long". (putting money in long-term illiquid assets) That means that a bank is required to hold liquid reserves and enough capital to meet its needs even in a crisis.”
“I call the illiquid securities "cash for trash" because the Fed has given treasury bills or cash in exchange for these distressed mortgage backed securities.”
“But while numerous efforts to create new types of investment classes aimed at removing this imbalance (for examples, see the Founders Fund, Adeo Ressi’s The Funded and the newly launched SharesPost) have recently emerged, they fail to address the root cause, that of founders and investors being trapped in illiquid investments.”
“According to the people and documents reviewed by The Wall Street Journal, Mr. Huttenlocher's team segregated equities and other liquid assets from most of the convertibles, which were harder to sell and therefore classified as illiquid, and instituted a plan to pay out investors over the course of several months.”
These user-created lists contain the word ‘illiquid’.
Another range of words from the intermediate to the advanced speller's level.
Of low worth or little importance.
Unwanted matter by drusky is a nice, related list.
I'm always entertained by the terms @immerito tweets using the hashtag #termsfromtoday. As best I can tell, the tag emerged in mid 2011 after a brief flirtation with an alternate hashtag form. You'...
Looking for tweets for illiquid.