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liquidity preference

noun
1.
(in Keynesian economics) the degree of individual preference for cash over less liquid assets.
Origin
1935-1940
1935-40
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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British Dictionary definitions for liquidity-preference

liquidity preference

noun
1.
(economics) the desire to hold money rather than other assets, in Keynsian theory based on motives of transactions, precaution, and speculation
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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