Definition
The term “emergency fund” refers to money stashed away that people can use in times of financial distress. The purpose of an emergency fund is to improve financial security by creating a safety net that can be used to meet unanticipated expenses, such as an illness or major home repairs. Assets in an emergency fund tend to be cash or other highly liquid assets. This reduces the need to either draw
In Panel Profits
In the Panel Profits market platform, Emergency Fund applies standard financial concepts principles to comic assets and physical collections.
Common mistakes
Do not infer unobserved prices.