commodity money
51out-of-the-money — A call is out of the money when the strike price is above the underlying futures price. A put is out of the money when the strike price is below the underlying futures price. The CENTER ONLINE Futures Glossary The situation where an option has… …
52Allowance (money) — An allowance is an amount of money set aside for a designated purpose.Because money is ever a scarce and valuable commodity, the general concept of one person who has the authority to decide what to spend it on (that is, who has the power of the… …
53Three for the Money — Infobox television show name = Three for the Money caption = Three for the Money Logo format = Game Show runtime = 30 Minutes creator = Stefan Hatos Monty Hall starring = Dick Enberg, Announcer Jack Clark country = USA rating = network = NBC… …
54good faith money — UK US noun [U] ► FINANCE, STOCK MARKET money paid by an investor to a financial organization when it starts to manage their investment: »When investors take a position on a commodity, they must put up good faith money before they can trade to… …
55credit money — noun or credit currency : money accepted because of the credit of the issuer rather than for its intrinsic commodity value …
56full-bodied money — noun : money which has a face value not in excess of its intrinsic value as a commodity …
57subsidized commodity — n. product which can be acquired for less money than if it were financed in part by the government …
58Capital, Volume I — is the first of three volumes in Karl Marx s monumental work, Das Kapital, and the only volume to be published during his lifetime. Originally published in 1867, Marx s aim in Capital, Volume I is to uncover and explain the laws specific to the… …
59Gresham's law — is an economic principle that states: When a government compulsorily overvalues one type of money and undervalues another, the undervalued money will leave the country or disappear from circulation into hoards, while the overvalued money will… …
60Fiat currency — The terms fiat currency and fiat money relate to types of currency or money whose usefulness results, not from any intrinsic value or guarantee that it can be converted into gold or another currency, but instead from a government s order (fiat)… …
