Securities lending allows temporarily illiquid securities to be loaned to investors.

债券借贷将本来暂时不流动的债券出借给需要债券的投资者。

youdao

And for illiquid securities, it can get very expensive for an administrator to go out and verify those prices.

而对于流动性差的证券，行政管理人要获取并验证这些证券价格的成本可能非常高。

youdao

Australian hedge funds are no different from those elsewhere; they can involve borrowing, short-selling, and illiquid securities.

澳大利亚的对冲基金与其它地方的对冲基金毫无不同，可以涉及借贷、卖空和非流通证券等领域。

youdao

Because hedge funds are unregulated, managers are free to sell short, use leverage, and invest in illiquid securities--activities not open to mutual-fund managers.

FORBES: Growing Pains

Whether you're talking about illiquid securities or affirmative action, in my experience there's plenty of room for those with alternative agendas to fudge their investment returns to justify their actions.

FORBES: Expert View

And attempts by Merrill Lynch, one of the prime brokers to the Bear Stearns funds, to sell some of their assets showed how illiquid the market for such securities had become.

ECONOMIST: The credit squeeze