Sentence examples for medium of payment from inspiring English sources

But, because money's anonymity obscures its provenance, it may be socially less acceptable as a medium of payment for some objects.

(3) In the case of Drawing Rights, the Fund uses currencies as subscribed by members to provide the medium of payment.

This effect is contrary to standard economic theory which says that essentially people make rational financial decisions based on cost and that the medium of payment should not influence this.

In the form of coins or bullion, gold has occasionally played a major role as a high-denomination currency, although silver has generally been the standard medium of payments in the world's trading systems.

Gold is still accepted by all nations as a medium of international payment.

In an international gold-standard system, gold or a currency that is convertible into gold at a fixed price is used as a medium of international payments.

That got us to store of value, and now we're moving to medium of exchange (ie payment service provision for merchants and setting-up for transactional usage).

First, it can be used as an easy medium for payments (for a limited but growing number of transactions), which gold cannot replicate.

One study combined three levels of trial risk (high, medium and low) with three levels of payment ($1800, $800 and $350), 17 while the other varied the payment levels ($2000, $1000 and $100) and the risk of adverse drug effects or of receiving placebo in a hypothetical antihypertensive drug trial.

WePay currently offers a range of payment products that are mostly geared toward the small and medium online businesses.

A cashless payment eliminates the usage of money as a medium of exchange for goods and services by allowing electronic transfer payments or non-electronic payment via cheques.