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单词 liquidity preference
释义

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liquidity 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.
extracted from liquidityn.
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