- (in Keynesian economics) the degree of individual preference for cash over less liquid assets.
Origin of liquidity preference
First recorded in 1935–40
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018
- economics the desire to hold money rather than other assets, in Keynsian theory based on motives of transactions, precaution, and speculation
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