What is the meaning of Precautionary demand (for money)?

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Precautionary demand (for money) is the need to meet unexpected or extraordinary contingencies with a buffer stock of cash.

Barry Goldsmith
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APABarry Goldsmith. (2010). Precautionary demand (for money). Retrieved September 23, 2026, from http://smartdefine.org/precautionary_demand_(for_money)/definitions/1160901
ChicagoBarry Goldsmith. 2010. "Precautionary demand (for money)" http://smartdefine.org/precautionary_demand_(for_money)/definitions/1160901 (accessed September 23, 2026).
HarvardBarry Goldsmith 2010, Precautionary demand (for money), Smart Define, viewed 23 September, 2026, <http://smartdefine.org/precautionary_demand_(for_money)/definitions/1160901>.
MLABarry Goldsmith. "Precautionary demand (for money)" 21 October 2010. Web. 23 September 2026. <http://smartdefine.org/precautionary_demand_(for_money)/definitions/1160901>