Liquidity preference: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Expand and add links.) |
imported>Doug Williamson (Mend link.) |
||
Line 12: | Line 12: | ||
== See also == | == See also == | ||
* [[ | * [[Liquidity]] | ||
* [[Maturity transformation]] | * [[Maturity transformation]] | ||
* [[Precautions motive]] | * [[Precautions motive]] |
Latest revision as of 15:53, 23 July 2016
1.
A desire to hold money in liquid form, for example cash or bonds.
This may be due to the transactions motive, the precautions motive or the speculative motive.
2.
More broadly, a preference of investors to invest in shorter-term and more liquid assets.