adj.
Pronunciation: ( ˌ )i(l)- ' lik-w ə d
Function: adjective
Date: 1913
1 : not being cash or readily convertible into cash < illiquid holdings>
2 : deficient in liquid assets <an illiquid bank>
– il · li · quid · i · ty \ - ˌ li- ' kwi-d ə -t ē \ noun