Saturday, December 5, 2009

Illiquid



illiquid \(ˌ)i(l)-ˈlik-wəd\ adjective: 1. not being cash or readily convertible into cash {illiquid holdings},
2. deficient in liquid assets {an illiquid bank}

Etymology: Latin il- not + liquid (from Latin liquēre to be fluid)

So ice is not illiquid water?

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