adjective
- not in liquid form; solid or gaseous
- not easily converted to cash; not readily marketable
Usage: finance
noun
- an asset that cannot be easily or quickly converted to cash
Usage: finance
Examples
- Ice is a nonliquid form of water.
- The company’s nonliquid assets included real estate and equipment.
- Steam is a nonliquid state of matter.
- Investors should consider the risks of holding nonliquid investments.
- The powder remained nonliquid even when heated.
- Real estate is typically considered a nonliquid in financial planning.
- The gas exists in a nonliquid phase at room temperature.