Speculative motive(redirected from Speculative Motives)
A desire to hold cash in order to be poised to exploit any attractive investment opportunity requiring a cash expenditure that might arise.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
A strategy in which one holds cash apart from any other investments just in case an attractive investment opportunity arises. This allows the investor to take advantage of the opportunity without closing any other positions.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved