What does store of value mean?
Definitions for store of value
store of val·ue
This dictionary definitions page includes all the possible meanings, example usage and translations of the word store of value.
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Wiktionary
store of valuenoun
An asset such as money or gold that is purchased or accepted as payment for goods and services for its ability to purchase other assets in the future without rapidly losing its purchasing power.
Wikidata
Store of value
A recognized form of exchange can be a form of money or currency, a commodity like gold, silver or financial capital. To act as a store of value, these forms must be able to be saved and retrieved at a later time, and be predictably useful when retrieved. Storage of value is one of several distinct functions of money. The other functions are the standard of deferred payment, which requires acceptability to parties a debt is owed to, and the unit of account, which requires fungibility so accounts in any amount can be readily settled. It is also distinct from the medium of exchange function which requires durability when used in trade and to minimize fraud opportunities. See functions of money.
Numerology
Chaldean Numerology
The numerical value of store of value in Chaldean Numerology is: 3
Pythagorean Numerology
The numerical value of store of value in Pythagorean Numerology is: 6
Examples of store of value in a Sentence
Bitcoin may be called a coin but it's not money. It's not a stable store of value.
As Western demand for gold falls because the fear of inflation is low, demand out of Asia continues to grow for it as a store of value and for use in jewelry.
I think gold is fairly valued today, as Western demand for gold falls because the fear of inflation is low, demand out of Asia continues to grow for it as a store of value and for use in jewelry.
Bitcoin comes out stronger after each challenge, people are looking at bitcoin as a store of value and inflation hedge.
Translations for store of value
From our Multilingual Translation Dictionary
- depósito de valorSpanish
- किफ़ायती दुकानHindi
- penyimpan nilaiIndonesian
- విలువ నిల్వTelugu
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"store of value." Definitions.net. STANDS4 LLC, 2024. Web. 3 May 2024. <https://www.definitions.net/definition/store+of+value>.
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