nonliquid

nonliquid

(ˌnɒnˈlɪkwɪd)
n
a substance which is not liquid
adj
(Banking & Finance) finance (of assets) not readily converted into cash
References in periodicals archive ?
It will be very difficult to fund an emergency concern using a nonliquid asset like a real-estate property, given the time and effort needed to convert it to cash.
5 percent on profits held as cash and 8 percent on earnings held in nonliquid assets like real estate and equipment.
College graduates of all race and ethnic categories did not escape the drop in nonliquid wealth.
Other products include both liquid and nonliquid methods for the safe removal of common warts, nail fungus, calluses, corns and bunions.
Restrictions on nonliquid products in retirement accounts (Since 2008, large portions of broker-dealer profits have been via REITs/BDCs and alternative investments, along with the revenue-sharing arrangements with these vendors, so this will be a substantial profit hit for many firms.
section] 802(h) (1) defines "coal or other mine" as "(A) an area of land from which minerals are extracted in nonliquid form or, if in liquid form, are extracted with workers underground, (B) private ways and roads appurtenant to such area, and (C) lands, excavations, underground passageways, shafts, slopes, tunnels and workings, structures, facilities, equipment, machines, tools, or other property including impoundments, retention dams, and tailings ponds, on the surface or underground, used in, or to be used in, or resulting from, the work of extracting such minerals from their natural deposits in nonliquid form, or if in liquid form, with workers underground, or used in, or to be used in, the milling of such minerals.
In that way, a nonliquid, potentially contingent asset (such as a defined benefit municipal pension plan that will not payout for several years) is offset against an asset like a house, an investment fund, or even cash, which is more easily liquidated or liquid.
This sale was pursuant to the directive of the Insurance Commission for PPI to convert its nonliquid assets into cash," Dooc said.
The carbon being produced in a nonliquid, high-temperature electric are would bond with the tumor site following oral ingestion, via a dielectric charge, and a few minutes later would release its oxygen into the site via the exposure to the UV light.
Security interests constrain the ability to convert nonliquid assets to liquid assets through sales or leases.
Elements excluded for the asset criteria were nonliquid assets such as a beneficiary's primary residence, automobiles, personal possessions, whole life insurance policy valued under $1,500, or $1,500 intended for burial arrangements.