Meaning of illiquid | Babel Free

Definitions

1. Lacking liquidity.
2. Not readily converted into cash.
3. Having substantial assets but with most of them being of types not readily converted into cash (thus, not having much ready money).

Equivalents

Examples

“illiquid assets”

“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.”

““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.”

“illiquid millionaires”

CEFR level