Unless otherwise defined, this is the benefit derived from holding cash. At the level of private households, this is seen primarily in the fact that – unexpected purchasing opportunities (“bargain buys”) can be taken advantage of immediately and – the general protection against payment difficulties. To the extent that cash cards replace cash, however, the monetary benefit understood in this way is becoming less important. – See wait-and-see attitude, attentism, expectations, contingent cash, idle money, liquidity forms, minimum estimate of future needs, transaction cash.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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