Say the fund holds large positions in illiquid assets. The fund cannot immediately sell these assets, except at a fatal loss, so it would sell its more liquid assets.

要是这个基金持有很大的非流动性资产，这个基金就没法立刻卖掉这些资产，除非在一个致命的亏损的时刻，那么它将出售更多流动性资产。

youdao

At first these went into safe, liquid assets like American Treasury bonds-the Asian financial crisis of 1997-98 was still a recent memory and many countries were keen to amass reserves.

一开始，这笔钱用在了安全、流动性强的资产比如美国国债——1997 - 98年的亚洲金融危机还历历在目，许多国家都渴望积聚外汇储备。

youdao

Suppose we were to graph a household's consumer spending as a function of cash-on-hand, which equals current income plus liquid assets, holding constant expected future income.

假设未来预期收入保持不变，画一个以家庭消费与库存现金的函数图---库存现金等于目前的收入加上流动资产。

youdao

Putting a value on Wales' liquid assets could trigger a deluge of difficult questions.

BBC: Highly politicised liquid assets

So investors are getting a very different return source, but at the same time, since we are building these funds from the largest US equities, they are getting a very liquid pool of assets, something that they can trade.

FORBES: 7 Market-Neutral ETFs

Most important, Sterling Stamos gave Wilpon and Katz a way to diversify their liquid assets.

NEWYORKER: Madoff��s Curveball