单词 | liquidity preference |
释义 | > as lemmasliquidity preference liquidity preference n. the holding of assets in money or near-money in preference to securities or interest-bearing investments. ΘΚΠ society > trade and finance > financial dealings > types of money-dealing > [noun] > management of assets, capital, or investments marshalment1790 abstinence1836 gearing1932 liquidity preference1936 inflation-proofing1973 intermediation1977 1936 J. M. Keynes Gen. Theory Employment xiii. 168 Liquidity-preference is a potentiality or functional tendency, which fixes the quantity of money which the public will hold when the rate of interest is given. 1940 G. Crowther Outl. Money ii. 76 The more highly developed banking systems are more prone to suffer from such a ‘liquidity preference’ than the less developed countries. 1962 C. H. Kreps Money i. i. 12 Using this liquidity-preference approach, we may say that wealth held in absolutely liquid form—in the form of money, that is—yields its owner no income. < as lemmas |
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