n.非兑现（流动）性

The stock market is experiencing illiquidity due to low trading volumes.
股市由于交易量低而流动性不足。
During the financial crisis, many mortgage-backed securities became illiquid as investors shied away from them.
在金融危机期间，许多抵押贷款支持的证券因为投资者回避而变得流动性差。
Illiquidity in the bond market can lead to wider bid-ask spreads and higher transaction costs.
债券市场的流动性不足可能导致买卖价差扩大和交易成本增加。
The company's high debt-to-equity ratio contributed to its illiquidity problem.
公司的高负债权益比加剧了其流动性问题。
Investors are cautious about investing in small-cap stocks due to their inherent illiquidity.
投资者对小型股的流动性不足持谨慎态度。
The cryptocurrency market is notorious for its high levels of illiquidity, particularly during times of market volatility.
数字货币市场以流动性差而闻名，特别是在市场波动时期。
The government took steps to improve the liquidity of the money market by injecting funds.
政府通过注入资金来改善货币市场的流动性。
Due to illiquidity, it was challenging for sellers to convert their real estate holdings into cash quickly.
由于流动性不足，卖家难以快速将房地产资产变现。
The pension fund's investment portfolio became illiquid when it heavily concentrated on long-term bonds.
养老金基金的投资组合因过度投资长期债券而变得流动性较差。
During periods of economic uncertainty, investors often withdraw their money from less liquid mutual funds.
经济不确定时期，投资者常常从流动性较低的共同基金撤资。