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    perspicacity - Dictionary definition and meaning for word perspicacity

    (noun) intelligence manifested by being astute (as in business dealings) Definition
    (noun) the capacity to assess situations or circumstances shrewdly and to draw sound conclusions
   Mnemonics (Memory Aids) for perspicacity

purse+pick acity: a thief who wants to pick a purse shud be gud at analyzing situations and acting quickly.

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