illiquidity
|il-li-quid-i-ty|
/ˌɪlɪˈkwɪdəti/
lack of liquidity
Etymology
'illiquidity' originates from the Latin word 'liquidus,' meaning 'fluid or flowing,' with the prefix 'il-' indicating negation.
'liquidus' transformed into the French word 'liquide,' and eventually became the modern English word 'liquid,' with 'illiquidity' forming as a negation of 'liquidity.'
Initially, it meant 'not fluid or flowing,' and over time it evolved into its current meaning of 'not easily convertible to cash.'
Meanings by Part of Speech
Noun 1
the state or condition of being illiquid, where assets cannot be easily converted into cash without a substantial loss in value.
The company's illiquidity made it difficult to meet its short-term obligations.
Synonyms
Antonyms
Last updated: 2025/01/11 11:45