illiquidity
gb/ˌɪlɪkwˈɪdɪti/ us/ˌɪlɪkwˈɪdɪti/
C1
Inglês
Acepções
0 acepção
Substantivo
business
C1
property
1
difficulty converting to cash
A situation where something is hard to sell quickly for cash at a fair price.
Padrão de uso:
the illiquidity of [an asset/market]; illiquidity in [a market]
Erro comum:
Do not confuse illiquidity with insolvency. Illiquidity means cash is not readily available; insolvency means debts are greater than assets.
Sinônimos
lack of liquidity (Clearer and more common in general English.)
|
nonmarketability (More technical; emphasizes that an asset is hard to sell.)
|
poor tradability (Used especially for assets or securities that do not trade easily.)
Antônimos
liquidity (The ability to be sold or converted to cash quickly.)
|
marketability (The quality of being easy to sell.)
Colocações
asset illiquidity
|market illiquidity
|severe illiquidity
|relative illiquidity
|illiquidity premium
|illiquidity discount
|illiquidity risk
|periods of illiquidity
|illiquidity in the market
Temas
finance
|investing
|markets
|business
Exemplos
- The illiquidity of private equity makes it unsuitable for investors who may need their money quickly.
- Investors often demand higher returns to compensate for illiquidity.
- During the panic, even normally active bond markets showed signs of severe illiquidity.
Exemplos para estudantes
- Real estate usually has more illiquidity than cash or listed stocks.
- Illiquidity means the asset may be hard to sell quickly.
Substantivo
business
C1
state
2
shortage of available cash
A shortage of cash that makes it hard to pay bills or debts on time.
Padrão de uso:
illiquidity at [an institution]; [a company] faces/suffers illiquidity
Erro comum:
Illiquidity is often temporary; it does not always mean the business is bankrupt or insolvent.
Sinônimos
cash shortage (Simpler and more general.)
|
liquidity shortage (Very close in financial contexts.)
|
funding shortfall (Emphasizes not having enough money available to finance obligations.)
Antônimos
liquidity (Having enough cash or easily available funds.)
|
cash availability (The practical ability to access money when needed.)
|
solvency (Not an exact opposite, but contrasts with illiquidity when an entity has enough total assets to cover debts.)
Colocações
funding illiquidity
|temporary illiquidity
|corporate illiquidity
|bank illiquidity
|cash-flow illiquidity
|liquidity crisis
|risk of illiquidity
|illiquidity problems
Temas
finance
|banking
|business
|debt
Exemplos
- The bank first faced illiquidity when depositors withdrew funds faster than it could raise cash.
- A profitable company can still suffer illiquidity if its customers pay invoices late.
- The central bank acted quickly to prevent temporary illiquidity from becoming a wider financial crisis.
Exemplos para estudantes
- The company had assets, but it had illiquidity because it needed cash immediately.
- Illiquidity can make it hard to pay workers and suppliers on time.
Gramática
Forma no dicionário
illiquidity
AFI
GB/ˌɪlɪkwˈɪdɪti/
US/ˌɪlɪkwˈɪdɪti/
Sílabas e tonicidade
il - li - quid - ity (4 sílabas)
Stress on 3rd syllable (quid)
Formas da palavra
Noun
- Base: illiquidity
- Plural: illiquidities
Expressões
illiquidity crisis
1/ˌɪlɪkwˈɪdɪti kɹˈaɪsəs/
fixed phrase
business
severe shortage of liquidity
A serious lack of cash or buyers in the financial system.
Exemplos
- The central bank provided emergency loans to stop an illiquidity crisis from spreading.
- A sudden loss of confidence can turn a routine funding problem into an illiquidity crisis.
- The market froze, and analysts warned of an illiquidity crisis in short-term credit.
illiquidity discount
1/ˌɪlɪkwˈɪdɪti dˈɪskaʊnt/
fixed phrase
technical
lower value for illiquidity
A lower price because an asset is hard to sell.
Exemplos
- The valuation included an illiquidity discount because the shares were not publicly traded.
- Buyers demanded an illiquidity discount for the minority stake in the private company.
- Real estate in a weak market may trade with a larger illiquidity discount.
illiquidity premium
1/ˌɪlɪkwˈɪdɪti pɹˈimiəm/
fixed phrase
technical
extra return for illiquidity
Extra return paid because an investment is hard to sell quickly.
Exemplos
- Private equity investors expect an illiquidity premium because their money may be locked up for years.
- The fund argues that small, rarely traded bonds offer an attractive illiquidity premium.
- In calm markets, the illiquidity premium may shrink as more investors seek higher returns.
illiquidity risk
1/ˌɪlɪkwˈɪdɪti ɹˈɪsk/
fixed phrase
technical
risk of hard selling
The danger that you cannot get cash quickly when you need it.
Exemplos
- The portfolio manager reduced exposure to assets with high illiquidity risk.
- Long lock-up periods increase the illiquidity risk for investors.
- Banks monitor illiquidity risk so that short-term obligations can still be met during stress.
illiquidity spiral
1/ˌɪlɪkwˈɪdɪti spˈaɪɹəl/
fixed phrase
technical
self-reinforcing liquidity collapse
A worsening cycle where people must sell assets, prices fall, and cash becomes even harder to get.
Exemplos
- Forced selling by leveraged funds can create an illiquidity spiral in a stressed market.
- Regulators worried that margin calls would trigger an illiquidity spiral.
- The intervention was designed to break the illiquidity spiral before prices collapsed further.