Definition of "nonliquid" [nonliquid]

• A substance that is not a liquid. (noun)

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• "At the end of the first quarter, Penson held $97.4 million in nonaccruing receivables, which analysts said reflect nonliquid assets held as collateral against trades gone bad."
• "If the United States slides into a recession, as many economists are predicting, those with nonliquid assets, such as artwork and jewelry, may be looking convert some of their holdings into cash."
• "He almost walked away at one point but clinched the deal after getting the Federal Reserve to agree to provide as much as $30 billion in financing for Bear's mortgage and securities and other nonliquid assets."