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Translations for „commodity money“ in the English » Arabic Dictionary (Go to Arabic » English)

commodity money ECON

commodity money

نقود سلعية

Monolingual examples (not verified by PONS Editors)

English

For commodity money such as gold, demurrage is the cost of storing and securing the gold. en.wikipedia.org

This occurred because gold and silver merchants or banks would issue receipts to their depositors redeemable for the commodity money deposited. en.wikipedia.org

Convertibility first became an issue of significance during the time banknotes began to replace commodity money in the money supply. en.wikipedia.org

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