| 单词 | effective money |
| 释义 | > as lemmaseffective money effective money n. money in the form of coin, as opposed to paper money. ΚΠ 1738 Some Thoughts Interest of Money 3 That the Price of Things in one Age, will bear that proportion to the Price of them in another Age, which the effective Silver in the nominal Pound of Money at one Time, bears to the effective Silver in the nominal Pound at another Time.] 1756 R. Rolt New Dict. Trade at Coin On the foot whereon the English money now stands, it is divided into real coin, or effective money; and imaginary money, or money of accompt. 1875 N. Amer. Rev. Apr. 481 If a town of a valuation of $1,000,000 requires to raise $20,000 of effective money, this might be done by a rate of $20 on $1,000. 1953 Jrnl. Finance 8 409 It is not strictly proper to include in ‘effective money’ commercial bank vault and till cash. 2000 Business Hist. rev. 74 181 These reforms also unleashed centrifugal forces as the center and localities struggled to command the real resources needed to maintain economic activity in the absence of effective money. < as lemmas |
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