单词 | store of value |
释义 | store of valuestore of valuestore of valueStore of Valuestore of valuesee MONEY.store of valuean attribute of MONEY, enabling people to hold on to money to finance some future purchase of a product or asset without loss of PURCHASING POWER in the interim. More generally, any other ASSET that can be held and converted into money at the same price as its purchase price can serve as a store of value. In a period of INFLATION, however, the purchasing power of money itself will decline, undermining its function as a store of value and increasing the comparative attractiveness of real property assets the value of which rises with inflation. |
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