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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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Getting Your Finances Ready for Your Golden Years: If you're seriously considering retirement, you also should be seriously thinking about how to ensure that your financial life is as comfortable and stress-free as possible. Here are a few tips. More...

If you really put a small value upon yourself, rest assured that the world will not raise your price. - Author Unknown

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