Business terms and jargon explained. Your business dictionary

What is Gold Standard

The gold standard used to up back paper money. They where exchangeable with gold at the bank or the main government bank. As it was easier to carry and trade with there was not much demand for the exchange. Most currencies in the world where backed either by gold or silver. Fiat money is what most currencies consist of these days and are not backed by gold or silver.

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Abbreviated Accounts Riel Financial Ombudsman Service In company Training
Blue Sky Thinking In omnibus Crown Copyright Waiver Eminant Domain
Deferment Account Whistleblower Earned income Underwrite
Free Trade CHIP and PIN Forex Default Judgment
Customer information order Entitled Vessel Free on board Route to the Market
Bad debt Capital Goods Scheme Residue Self-Billing
Financial economies SME Deferment Trader Dongle
N244 Civil Court form Buy-out Intermediate Consumption Export Shop
Bankruptcy Open Economy Mens rea Warrant of arrest
APR VCU London Agreement Outward Processing Relief

Term created / updated 2017-06-26 18:03:46

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