specie definition currency
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currency Definition of currency for English Language Learners. : 1  the money that a country uses : a specific kind of money. : 2  something that is used as money. : 3  the quality or state of being used or accepted by many people.
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Specie Specie may refer to: 1  Coins or other metal money in mass circulation. 2  Bullion coins. 3  Hard money (policy)  Commodity 1  money. Specie Circular, 1836 executive order by US President Andrew Jackson regarding hard money.  Specie Payment Resumption Act.
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Gold standard Gold standard. A gold standard is a monetary system in which the standard economic unit of account is based on a fixed quantity of gold. Three types can be distinguished: specie, bullion, and exchange. 1  In the gold specie standard the monetary unit is associated with the value of circulating gold coins, or the monetary unit has the value of a certain circulating gold coin, but other coins may be made of less valuable metal.
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Real Money An informal term for a large amount of money. 2. A highly polemical term for sound money. 3. In the bond market, a slang term for price movements caused by fundamentals without regard for speculation. For example, if speculators buy bonds because risk has declined, and afterward prices rise (and yields fall), the price movement is said to have been caused by real money. Farlex Financial Dictionary.
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money money (usually uncountable, plural moneys or monies) (plural only used rarely and only in certain senses) 1  A legally or socially binding conceptual contract of entitlement to wealth, void of intrinsic value, payable for all debts and taxes, and regulated in supply.
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Money In economics, money is a broad term that refers to any financial instrument that can fulfill the functions of money (detailed above). These financial instruments together are collectively referred to as the money supply of an economy.
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What is 'Currency' DEFINITION of 'Currency'. A generally accepted form of money, including coins and paper notes, which is issued by a government and circulated within an economy. Used as a medium of exchange for goods and services, currency is the basis for trade.
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- 2. a: something (as coins, treasury notes, and banknotes) that is in circulation as a medium of exchange b: paper money in circulation c: a common article for bartering d: a medium of verbal or intellectual expression. See currency defined for English-language learners.
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Types of Money Money can be defined as a token or object that functions as a medium of exchange that is socially and legally accepted in payment for goods and services and in settlement of debts. Money also serves as a standard of value for measuring the relative worth of different goods and services and as a store of value.
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- English term or phrase: leveraged exposure. For as little as the equivalent of 5% initial margin, you can gain 20 times leveraged exposure to the most actively traded shares listed on the world's stock exchanges.
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Money multiplier (1 + c)/(r + e + c). The money multiplier (also called the credit multiplier or the deposit multiplier) is a measure of the extent to which the creation of money in the banking system causes the growth in the money supply to exceed growth in the monetary base.
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- n. pl. cur·ren·cies. 1. Money in any form when in actual use as a medium of exchange, especially circulating paper money. 2. Transmission from person to person as a medium of exchange; circulation: coins now in currency. 3.
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currency Typically currency refers to money that is legally designated as such by the governing body, but in some cultures currency can refer to any object that has a perceived value and can be exchanged for other objects.
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What is a 'Reserve Currency' DEFINITION of 'Reserve Currency'. A foreign currency held by central banks and other major financial institutions as a means to pay off international debt obligations, or to influence their domestic exchange rate. large percentage of commodities, such as gold and oil, are usually priced in the reserve currency, causing other countries to hold this currency to pay for these goods.
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- Definition of penny stock in US English - a common stock valued at less than one dollar, and therefore highly speculative.
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What is a 'Speculator' What is a 'Speculator'. A speculator is a person who trades derivatives, commodities, bonds, equities or currencies with a higher than average risk in return for a higher-than-average profit potential. Speculators take large risks, especially with respect to anticipating future price movements, in the hope of making quick, large gains.
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interest 2) the financial amount (money) paid by someone else for the use of a person's money, as on a loan or debt, on a savings account in a bank, on a certificate of deposit, promissory note, or the amount due on a judgment. Interest is usually stated in writing at the time the money is loaned.
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currency n. pl. cur·ren·cies. 1. Money in any form when in actual use as a medium of exchange, especially circulating paper money. 2. Transmission from person to person as a medium of exchange; circulation: coins now in currency.3. General acceptance or use; prevalence: the currency of a slang term.. pl. cur·ren·cies. 1. Money in any form when in actual use as a medium of exchange, especially circulating paper money. 2. Transmission from person to person as a medium of exchange; circulation: coins now in currency. 3.
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Commodity Money: Definition & Examples Definition of Commodity Money. Money is a type of asset in an economy that is used to buy goods and services from other people. A commodity is a physical item that is readily interchangeable with another item of the same type. Commodity money is a commodity that has intrinsic value.
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What are the four types of fungus and examples of each? Zygomycota, or zygote fungi, is a phylum of fungi. The name comes from zygosporangia, where resistant spherical spores are formed during sexual reproduction.Approximately 106 … 0 species are known.ygomycota, or zygote fungi, is a phylum of fungi. The name comes from zygosporangia, where resistant spherical spores are formed during sexual reproduction.
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Pound (currency) The pound is a unit of currency in some nations. The term originated in the Frankish Empire as a result of Charlemagne's currency reform and was subsequently taken to Great Britain as the value of a pound of silver. The English word pound is cognate with, among others, German Pfund, Dutch pond, and Swedish pund. All ultimately derive from a borrowing into Proto-Germanic of the Latin expression lībra pondō, in which the word pondō is the ablative case of the Latin noun pondus. The English ...
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currency 2a : something (as coins, treasury notes, and banknotes) that is in circulation as a medium of exchangeb : paper money in circulationc : a common article for bartering Furs were once used as currency.d : a medium of verbal or intellectual expression … neither side possessed any currency but clichés … — Jan Struther.
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- Definition of Numismatics…. Coin collecting, or the study of currency. Coins may be collected for scholarly or historical purposes, such as to gain a deeper insight into past cultures, for financial profit, or purely as a hobby.
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currency Learner's definition of CURRENCY. 1. a : the money that a country uses : a specific kind of money. [count] A new currency has been introduced in the foreign exchange market. foreign currencies.
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Money Commodity money is money whose value comes from a commodity out of which it is made. Examples of commodities that have been used as mediums of exchange include gold, silver, copper, salt, peppercorns, large stones, decorated belts, shells, alcohol, cigarettes, and candy.
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CURRENCY Anything that is generally accepted as a standard of value and a measure of wealth in a particular country or region. Classified under: Nouns denoting possession and transfer of possession. Synonyms: medium of exchange; monetary system.
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Single Proportion observed proportion p = r / n. The expected proportion (pi) is the probability of success on each trial, for example pi = 0.5 for coming up heads on the toss of a coin. The sign test is basically a single proportion test based on pi = 0.5. Some authors refer to this method as a binomial test.