Which Joe gave his name to ‘sloppy joes’? We look at five interesting sandwiches and their lexical origins.
1(of assets) not easily converted into cash.‘illiquid assets’
- ‘Historically, property has had a low weighting because it is an illiquid asset.’
- ‘Residential real estate can be a very illiquid asset whose value is tied to the economic cycle.’
- ‘Property is an extremely illiquid asset due to the long time and costs involved in selling a property.’
- ‘That's a ridiculous range for a relatively illiquid asset like housing.’
- ‘With illiquid assets, exit can destroy the bulk of the firm's invested capital.’
- 1.1 (of a market) with few participants and a low volume of activity.
- ‘Just under 5% of its equity is listed in Moscow, although the market is illiquid and few shares change hands.’
- ‘This market is particularly illiquid so when the bank spotted the losses and decided to close it out, they had to cover the spread and that increased the losses.’
- ‘Both government and businesses seek to privatize former government-owned enterprises, which is made difficult by fragmented and illiquid markets for public stock ownership.’
- ‘Hence the extreme volatility in illiquid markets like Asia.’
- ‘Industry sources claimed the problem lay in too few gas shippers, which had resulted in an illiquid market.’
We take a look at several popular, though confusing, punctuation marks.
From Afghanistan to Zimbabwe, discover surprising and intriguing language facts from around the globe.
The definitions of ‘buddy’ and ‘bro’ in the OED have recently been revised. We explore their history and increase in popularity.