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If the local currency loses value, payments rise accordingly.
The result is that as experience increases, it loses value.
Concerned about currency risk when the dollar loses value to other denominations?
For every company that loses value, another will put it on.
Usually scrip loses value over time in what some economists call a "backdoor devaluation".
"In one, the brand loses value because it is connected with a problem," Steele says.
When the pound loses value imports become more expensive, cutting buying power.Banking on springSome relief may be on the way.
When a developing country's currency loses value rapidly, it impedes the ability to pay back loans from Western banks.
"A Paykan never loses value," said Shahram Sadegi, an expert on the car industry at Atieh Bahar Consulting.
But when prices fall, the stock backing the loans loses value, and executives may be unable to repay the loans.
What makes the chiemgauer different to conventional currency is that it automatically loses value if you don't spend it.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com