Glossary entry (derived from question below)
French term or phrase:
non-liquide
English translation:
non-liquid
French term
non-liquide
"qu'il précise combien cétte évaluation est difficile et qu'il est nécessaire d'effectuer une décote de l'ouevre ainsi qu'il est habituellement pratiqué dans le règlement des successions de peintres célebrès; qu'il a lieu de tenir compte, en effet, de la durée de vente d'une collection (.............), xxxxx du fait du caractère non-liquide de l'ouevre;xxxx
Because I figured the "décote de l'ouevre" was a below par rating of the works (Collins Robert) as is done in settling the estates of famous painters, I thought "caractère non-liquide" might refer to cash, or convertible to cash, and now I have confused myself...
5 +3 | non-liquid |
Angelina Galanska
![]() |
3 +1 | illiquid |
mrrafe
![]() |
3 -1 | non-pecuniary |
David Hollywood
![]() |
Jun 5, 2017 09:41: B D Finch changed "Level" from "PRO" to "Non-PRO"
Jun 8, 2017 04:20: Angelina Galanska Created KOG entry
Non-PRO (3): writeaway, GILLES MEUNIER, B D Finch
When entering new questions, KudoZ askers are given an opportunity* to classify the difficulty of their questions as 'easy' or 'pro'. If you feel a question marked 'easy' should actually be marked 'pro', and if you have earned more than 20 KudoZ points, you can click the "Vote PRO" button to recommend that change.
How to tell the difference between "easy" and "pro" questions:
An easy question is one that any bilingual person would be able to answer correctly. (Or in the case of monolingual questions, an easy question is one that any native speaker of the language would be able to answer correctly.)
A pro question is anything else... in other words, any question that requires knowledge or skills that are specialized (even slightly).
Another way to think of the difficulty levels is this: an easy question is one that deals with everyday conversation. A pro question is anything else.
When deciding between easy and pro, err on the side of pro. Most questions will be pro.
* Note: non-member askers are not given the option of entering 'pro' questions; the only way for their questions to be classified as 'pro' is for a ProZ.com member or members to re-classify it.
Proposed translations
non-liquid
1. An asset or possession that cannot be converted into cash quickly. Stocks and bonds are liquid assets because they are easy to sell quickly, but property is considered a non-liquid asset because there is no guarantee it will sell within a certain time period.
non-pecuniary
--------------------------------------------------
Note added at 10 mins (2017-06-04 22:46:06 GMT)
--------------------------------------------------
https://www.merriam-webster.com/dictionary/nonpecuniary
Define nonpecuniary: not consisting of money — nonpecuniary in a sentence.
--------------------------------------------------
Note added at 11 mins (2017-06-04 22:46:53 GMT)
--------------------------------------------------
I prefer the hyphen but up to you
agree |
Alvaro Ferreira
: not tightly bonded to quotation as in a fixed amount of cash
9 mins
|
thanks Alvaro gracias
|
|
disagree |
Daryo
: maybe? ahem ... no!
9 hrs
|
disagree |
B D Finch
: No, the text is not about whether or not there is a monetary value, just the ease and reliability of conversion.
10 hrs
|
illiquid
neutral |
writeaway
: http://www.investopedia.com/terms/i/illiquid.asp
11 mins
|
Yes, thanks, agree with Investopedia. The time element is the ultimate cause of the illiquidity, although the unavailability of buyers is what causes the time problem.
|
|
neutral |
Daryo
: the estimated value is reduced in this ST, but in "normal" cases "caractère non-liquide de ..." simply means it can take some time to find a buyer (without any reduction in "normal price"!)
8 hrs
|
Yes but selling time is a function of price and vice versa. Liquidity is determined by both.
|
|
agree |
philgoddard
14 hrs
|
Thank you
|
Something went wrong...