(in Keynesian economics) the degree of individual preference for cash over less liquid assets.
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Origin of liquidity preference
First recorded in 1935–40
Words nearby liquidity preference
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2021
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
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