Glossary entry

English term or phrase:

store of value

English answer:

value depot

Added to glossary by Max Nuijens
Apr 28, 2008 18:45
16 yrs ago
17 viewers *
English term

store of value

English Bus/Financial Economics store of value
The same text as my earlier post. Money can be used to store value, but what is a nice way to say this? If you say: store of value, I think readers will be confused. Two example sentences.

It is suggested that money demand in the short run is determined by GDP growth (as a measure of demand for money as a medium of exchange and means of circulation), changes of nominal interest rate (reflecting a speculative motive and a store of value function of money, see Kruk (2006b)).

Relation of demand for national and foreign currencies as a store of value (determined by real returns on financial instruments denominated in Belarusian rubles or any foreign currency and degree of trust in the national currency);

Discussion

zax Apr 30, 2008:
In Wikipedia the word "Depot" means, among others, "deposit" and it is used widely in banking. Also the "Kroger" stores come out under both "Store of value" and "Value depot"."Store of value" is an old established term. "Value" depot is a more recent one

Responses

+2
1 hr
Selected

value depot

Only if inflation rate is zero. It used to be gold in the old days.
Note from asker:
well, the authors of the article say that i am wrong! if you google the term, read the wikipedia article about it. Value depot seems to be something else after all. Max
Peer comment(s):

agree Polangmar
3 hrs
Thanks, Polangmar
agree Pham Huu Phuoc
12 hrs
Thanks, Pham
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "thanks again zax!"
+1
31 mins

holds {retains} its value or a hedge against {inflation}

OK, finances are not really my area (just look at my bank statement!), but it seems that, in the USA at least, we speak of this sort of thing turned around. Gold would be a hedge against inflation. or you could say that gold retains its value.

But you will still have to play with these. Google the phrases and see how they are used.
Peer comment(s):

agree Phong Le
6 hrs
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