Sentence examples for instrument of exchange from inspiring English sources

The dominance of physical cash as an instrument of exchange is dwindling fast.

Bitcoin has been conceived as an instrument of exchange.

As classic economic books explain, money has three functions: instrument of exchange, unit of account and reserve instrument.

In the absence of this money, exchange activity remained relatively unaffected because the public was prepared to use undated trade credit as the instrument of exchange".

It has been understood by many in the bitcoin community that the key to making the virtual "currency" broadly useful as an instrument of exchange is bringing it within shelter of government regulation.

While the Act applies to standard contracts and contracts made by deeds, it does not apply to contracts made as a part of negotiable instruments, bills of exchange or promissory notes, or contracts governed by the Companies Act 1985, such as articles of association.

We used Victorian instruments like bills of exchange and convertible preference shares.

The multicountry workshops have been supported by the Technical Assistance and Information Exchange instrument of the European Commission.

The most common and most complex form of negotiable instrument is the draft, or bill of exchange.

Merchants who made their living by large-scale commercial activity based on the use of money as a medium of exchange and credit instruments also became more numerous.

The main innovation is to highlight the role of bills of exchange as financial instruments to carry out interest-parity transactions between sterling and four European currencies (French and Belgian franc, Dutch guilder, German mark) at the time.