propensity

propensity pro‧pen‧si‧ty [prəˈpensti] noun propensities PLURALFORM [countable]
1. a tendency to behave in a particular way:

• The plastic-bodied car's propensity to catch fire killed demand.

2. marginal propensity to consume ECONOMICS the relationship between a change in people's income and the change in the amount that they spend on goods:

• The marginal propensity to consume is 0.8, because for every £10 million rise in income, consumption rises by £8 million, and the marginal propensity to save is 0.2.

3. marginal propensity to import ECONOMICS the relationship between a change in people's income in a country, and the change in the amount that the country imports:

• The marginal propensity to import is 0.2, so that for every £10 million rise in income, spending on imports rises by £2 million.

4. marginal propensity to save ECONOMICS when there is a change in people's income, the change in the amount that they save in relation to the amount they spend

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propensity UK US /prəʊˈpensəti/ US  /prəˈpensəti/ noun [S]
if someone has a propensity to behave in a particular way or prefer a particular thing, they are likely to behave in that way or like that thing: »

Low fares are increasing people's propensity to travel further to an airport.

a propensity for sth »

The senior management in our company does not have a great propensity for change.

See also MARGINAL PROPENSITY TO CONSUME(Cf. marginal propensity to consume), MARGINAL PROPENSITY TO IMPORT(Cf. ↑marginal propensity to import), MARGINAL PROPENSITY TO SAVE(Cf. ↑marginal propensity to save)

Financial and business terms. 2012.

Synonyms:

Look at other dictionaries:

  • Propensity — Pro*pen si*ty, n.; pl. {Propensities}. The quality or state of being propense; natural inclination; disposition to do good or evil; bias; bent; tendency. A propensity to utter blasphemy. Macaulay. [1913 Webster] Syn: Disposition; bias;… …   The Collaborative International Dictionary of English

  • propensity — I noun ability, affinity, aptitude, aptness, art, attraction, bent, bias, capacity, deftness, dexterity, disposition, facility, fancy, favor, felicity, fondness, forte, genius, gift, inclination, knack, leaning, liking, mind, partiality, passion …   Law dictionary

  • propensity — 1560s, disposition to favor, from obsolete adj. propense inclined, prone (1520s), from L. propendere incline to, hang forward, weigh over, from pro forward (see PRO (Cf. pro )) + pendere hang (see PENDANT (Cf. pendant)) …   Etymology dictionary

  • propensity — *leaning, proclivity, penchant, flair Analogous words: *predilection, prejudice, bias, prepossession: *gift, aptitude, bent, turn, knack: predisposition, disposition, inclination (see corresponding verbs at INCLINE) Antonyms: antipathy …   New Dictionary of Synonyms

  • propensity — [n] inclination, weakness ability, aptness, bent*, bias, capacity, competence, disposition, flash, inclining, leaning, liability, partiality, penchant, predilection, predisposition, proclivity, proneness, susceptibility, sweet tooth*, talent,… …   New thesaurus

  • propensity — ► NOUN (pl. propensities) ▪ an inclination or tendency. ORIGIN from Latin propensus inclined …   English terms dictionary

  • propensity — [prə pen′sə tē] n. pl. propensities [< propense, inclined < L propensus, pp. of propendere (see PROPEND) + ITY] 1. a natural inclination or tendency; bent 2. Obs. favorable inclination; bias ( for) SYN. INCLINATION …   English World dictionary

  • propensity — n. (formal) 1) a propensity for (a propensity for exaggerating) 2) a propensity to + inf. (he has a propensity to exaggerate) * * * [prə pensɪtɪ] (formal) a propensity for (a propensity for exaggerating) a propensity to + inf. (he has a… …   Combinatory dictionary

  • propensity — pro|pen|si|ty [prəˈpensıti] n plural propensities [C usually singular] [Date: 1500 1600; Origin: propense tending (16 19 centuries), from Latin, past participle of propendere to lean toward ] formal a natural tendency to behave in a particular… …   Dictionary of contemporary English

  • propensity — [[t]prəpe̱nsɪti[/t]] propensities N COUNT: oft N to inf, N for n A propensity to do something or a propensity for something is a natural tendency that you have to behave in a particular way. [FORMAL] Mr Bint has a propensity to put off decisions… …   English dictionary

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