1.非现金的;不能立即兑现的
2.无流动资金的
1.not easily convertible into cash
2.lacking sufficient ready cash
1.Or, to put it another way, they have borrowed in liquid form and invested the proceeds in illiquid assets.
或者，换一种方式，它们以活期形式借贷资金并投资收益低流动性资产。
2.For one, frontier markets are small and illiquid, so investors may find it difficult to get out of a bad-performing stock.
其中之一便是前沿市场较小且流动性弱，因此投资者或许难以从一只表现差的股票中抽身。
3.This was pretty easy to do in an illiquid market.
这在非流动性市场上是很容易做到的。
4.This is often because investment trusts are better able to hold illiquid assets, as they do not have to sell them to pay exiting investors.
这往往是因为投资信托基金持有非流动性资产的能力更强，因为它们不需要出售这些资产就可以支付那些退出的投资者。
5.But as the industry expanded into illiquid asset categories, that strategy was no longer practical.
但随着该行业扩张到非流动性资产类别，那一策略不再实用。
6.Some asset classes (particularly illiquid ones) can be subject to a "rowing boat" effect. Mortgage-backed securities were a classic example.
有些资产类别符合“游艇效应”，按揭债券就是个典型的例子。
7.There was a time when novice bankers were taught that illiquid or highly volatile assets should play little part on bank balance sheets.
曾有一段时期，刚入道的银行家学到的是，流动性差或波动性大的资产不应在银行的资产负债表上占据重要地位。
8.Over these past weeks, we have continued to examine the relative benefits of purchasing illiquid mortgage-related assets.
在过去的这几周，我们一直在审查购买流动性差的抵押贷款资产的相关益处。
9.Until recently the argument was that Italy and Spain, unlike Greece, were illiquid but solvent given austerity and reforms.
不久前，人们还认为意大利和西班牙不同于希腊，虽然欠缺流动性，但在实行紧缩和改革的情况下是具备偿付能力的。
10.Over these past weeks, we've continued to examine the relative benefits of purchasing illiquid mortgage-related assets.
在过去的几周里，我们已经继续评估了购买非流动的抵押相关资产的相对利益。