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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 >>

Beware of fraud originating in phone messages and faxes: FDIC Consumer News has warned before about crooks who call or e-mail consumers and pretend to be legitimate companies or government agencies wanting people to "verify" or "resubmit" (divulge) confidential information such as bank account or credit card numbers as well as Social Security numbers, passwords and personal identification numbers. Here are variations to know about. More...

Even if you're on the right track, you'll get run over if you just sit there. - Will Rogers

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