by A1235 June 12, 2010
Get the Prefix mug.Oh man that's so funny I'm about to prefsnart!
by eurrrreeeekkkaaaaaaaaa July 26, 2011
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Preference
• prefontaine
• prefab
• preface
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Karen demanded a prefund because the roof caved in on the pool at the hotel she was considering staying at.
by neotaoisttechnopagan March 11, 2019
Get the prefund mug.An agreement made between two or more parties prior to sexual encounters which recognizes the acts to take place as purely consensual.
If Ben Roethlisberger had only used a prefucktual agreement, he would not be in this legal mess.
Thank God I got that bitch to sign my prefucktual agreement; otherwise, I may be in jail right now.
Thank God I got that bitch to sign my prefucktual agreement; otherwise, I may be in jail right now.
by jclrk777 October 19, 2009
Get the prefucktual agreement mug.*noun*; the tendency for the public to want to hold income in cash relative to its willingness to hold it as interest-bearing savings (bonds).
The liquidity preference is analogous to a supply curve for lendable funds. If the price for lendable funds--that is to say, the interest rate--is high, then the amount be be large. If the interest rate is low, then the public will be more inclined to hoard income as cash.
Income held as cash is not spent on goods and services, so if the amount increases abruptly then there will be a recession. If it is held in some interest-bearing form, then it can be spent on fixed capital, thereby increasing output and employment.
During a recession, if the liquidity preference is high, a lot of money is going to be held as cash. One could free up some cash for job-creating investment by raising interest rates, but that would eradicate a lot of business opportunities. So monetary authorities monetize debt instead, creating a new supply of credit to replace the savings lost by falling interest rates.
The liquidity preference is analogous to a supply curve for lendable funds. If the price for lendable funds--that is to say, the interest rate--is high, then the amount be be large. If the interest rate is low, then the public will be more inclined to hoard income as cash.
Income held as cash is not spent on goods and services, so if the amount increases abruptly then there will be a recession. If it is held in some interest-bearing form, then it can be spent on fixed capital, thereby increasing output and employment.
During a recession, if the liquidity preference is high, a lot of money is going to be held as cash. One could free up some cash for job-creating investment by raising interest rates, but that would eradicate a lot of business opportunities. So monetary authorities monetize debt instead, creating a new supply of credit to replace the savings lost by falling interest rates.
...An individual’s liquidity preference is given by a schedule of the amounts of his resources, valued in terms of money or of wage-units, which he will wish to retain in the form of money....
John M. Keynes, *General Theory of Employment, Interest, and Money* (1936), Ch.13
John M. Keynes, *General Theory of Employment, Interest, and Money* (1936), Ch.13
by Abu Yahya March 3, 2009
Get the liquidity preference mug.To flush the toilet first in order to drown the sound of your farts and diarrhea. People who preflush usually shit during the flushing noises.
1. The dude in the stall next to mine was preflushing so that people wouldn't hear his violent diarrhea.
2. I had to preflush right before I let out a loud fart while taking a dump.
2. I had to preflush right before I let out a loud fart while taking a dump.
by JayZed April 28, 2010
Get the Preflushing mug.The ability to turn any word in the dictionary into it's most superior form just by adding the word "Championship" in front of it.
Non-awesome: "Water"
Awesome: "Championship Water"
Non-awesome: "Bagels"
Awesome: "Championship Bagels"
"It was not just a good powerpoint presentation, it was a Championship powerpoint presentation!"
As you can see, the Championship Prefix can make anything way more badass than it used to be.
Awesome: "Championship Water"
Non-awesome: "Bagels"
Awesome: "Championship Bagels"
"It was not just a good powerpoint presentation, it was a Championship powerpoint presentation!"
As you can see, the Championship Prefix can make anything way more badass than it used to be.
by Paddywack February 17, 2009
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