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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

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What to Know Before Declaring Your Financial Independence: Twenty-somethings may not realize it, but every time they enter a new phase of their life as young adults - perhaps starting college, a career or a family - they're also venturing into a new world of money management. Here are ways to be prepared. More...

Nearly all men can stand adversity, but if you want to test a man's character, give him power. - Abraham Lincoln

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