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Meaning / Definition of
Commodity Money
Categories: Futures,
The use of a specific commodity as a form of money. Commodities such as gold and silver have been used for years as a method of payment. Oil has also become a precious resource that is used in this form.
Most popular terms
1. Preference Shares2. Net Asset Value (NAV)
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8. Use-based Application
9. Special Personal Auto Policy (SPAP)
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