The difference between Illiquid and Liquid
When used as adjectives, illiquid means lacking liquidity, whereas liquid means flowing freely like water.
Liquid is also noun with the meaning: a substance that is flowing, and keeping no shape, such as water.
check bellow for the other definitions of Illiquid and Liquid
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Illiquid as an adjective (finance):
Lacking liquidity; unable to be converted into cash.
Examples:
"Investment in illiquid assets may prove to be a mistake if the market turns down."
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Liquid as a noun:
A substance that is flowing, and keeping no shape, such as water; a substance of which the molecules, while not tending to separate from one another like those of a gas, readily change their relative position, and which therefore retains no definite shape, except that determined by the containing receptacle; an inelastic fluid.
Examples:
"coordinate terms solid gas"
"hypo ideal liquid non-ideal liquid"
"A liquid can freeze to become a solid or evaporate into a gas."
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Liquid as a noun (phonetics):
A class of consonant sounds that includes l and r.
Examples:
"hyper approximant consonant"
"coordinate terms glide"
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Liquid as an adjective:
Flowing freely like water; fluid; not solid and not gaseous; composed of particles that move freely among each other on the slightest pressure.
Examples:
"'liquid nitrogen"
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Liquid as an adjective (finance, of an [[asset]]):
Easily sold or disposed of without losing value.
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Liquid as an adjective (finance, of a [[market]]):
Having sufficient trading activity to make buying or selling easy.
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Liquid as an adjective:
Flowing or sounding smoothly or without abrupt transitions or harsh tones.
Examples:
"a liquid melody"
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Liquid as an adjective (phonology):
Pronounced without any jar or harshness; smooth.
Examples:
"L and R are liquid letters."
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Liquid as an adjective:
Fluid and transparent.
Examples:
"the liquid air"