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Store of value
noun
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.
Exact(60)
"Gold is sometimes a currency, sometimes a commodity and sometimes a store of value," analysts at Merrill Lynch wrote recently.
For a long time De Beers cleverly promoted diamonds as a symbol of enduring love and a store of value.
For one thing, it became a store of value.
Even gold, a supposed "store of value", took a hit.
But the dollar is not merely a store of value.
Do not treat this as a long-term store of value to fund your retirement".
Entrepreneurs need money that is a meaningful unit of account and a reliable store of value.
It's a store of value, and it's an object of speculation.
Yet for centuries there has been little to touch it as a store of value.
The economy overheated, and as inflation climbed, Indians rushed into gold, a popular store of value.
Money has two main functions; as a medium of exchange and as a store of value.
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