| 释义 |
token money
token money n (Banking & Finance) coins of the regular issue having greater face value than the value of their metal content Thesaurus| Noun | 1. |  token money - coins of regular issue whose face value is greater than their intrinsic valuemoney - the most common medium of exchange; functions as legal tender; "we tried to collect the money he owed us" |
Token Money
Token MoneyA currency with cash and coin that circulate in an economy. This contrasts with account money, which is used for accounting purposes but is not the money people actually use. For example, in 1999, the euro became the account money in many countries in the EU; that is, company books began to be kept in euros. However, it became token money in 2002, when euro notes and coins were first issued.token money
Related to token money: Quasi MoneyWords related to token moneynoun coins of regular issue whose face value is greater than their intrinsic valueRelated Words |