(in Keynesian economics) the degree of individual preference for cash over less liquid assets.
Words nearby liquidity preference
Origin of liquidity preference
First recorded in 1935–40
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019
British Dictionary definitions for liquidity preference
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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