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Precautionary motive

• A desire to hold cash in order to be able to deal effectively with unexpected events that require cash outlay.

 
 Embedded terms in definition
 Cash
Order
 
 Related Terms
 Precautionary demand for money
Safety motive
Speculative motive
Transactions motive

<< Precautionary demand for money Precious metals >>

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The difficulty lies not so much in developing new ideas as in escaping from old ones. - John Maynard Keynes

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