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单词 illiquid
释义 illiquid, a. Law.|ɪˈlɪkwɪd, ɪll-|
[f. il-2 + liquid. Cf. obs. F. illiquide.]
a. Of a right, debt, or claim: Not clear or manifest; not ascertained and constituted either by a written obligation or by a decree of a court.
1694Ld. Fountainhall in M. P. Brown Suppl. Decis. Crt. Sess. (1826) IV. 207 That in such illiquid rights, where they had not obtained possession, it was hard to put an estimate and value thereon.1880Muirhead Gaius iv. §51 A sort of anticipatory limitation, commonly called taxation, following on an illiquid claim.1884Law Times Rep. LI. 581/2 To ascertain whether the claim was liquid or illiquid.
b. Of an asset, investment, etc.: not easily or readily realizable. Hence illiˈquidity, the character of being illiquid.
1913Globe 24 Oct. 6/4 Is cottage property a safe investment for the Reserve Fund? It is an illiquid asset, and a sudden drain on a fund thus locked up might be very inconvenient.1927Glasgow Herald 18 Apr. 9 The illiquidity of credit in Japan.1930Times 26 Mar. 26/7 Slow and illiquid loans and investments.1948G. Crowther Outl. Money (rev. ed.) ii. 80 There is some difference between having a variety of small loans in different degrees illiquid, and being closely associated..with one or two large concerns that are known to be doing badly.1971Nature 5 Feb. 363/2 Some of the officers of the British Association seem to be hoping that they can solve their chronic problem of what is called illiquidity by merging either with the Royal Society of Arts or with the Royal Institution.1972Real Estate Rev. Winter 27/2 Illiquidity is generally valued at about 1·5 percent to 2·0 percent in most analyses of the capitalization rate, so the equity trust shareholder holds his own quite nicely in the return contest upon closer inspection.1973M. Woodhouse Blue Bone xv. 167 One is liquid or illiquid at awkward times, just as with any other business.
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