Store of value definition

Store of value means to store, hold, or maintain custody or
Sample 1
Store of value means that an asset can be stored for a time an then later taken and be exchanged; a user throughout this entire process expects it to have value from start to finish.18 Whether or not the DAI can fulfil this condition mainly depends on the fluctuation of the price of collateral. If in the predictable future, the total value of collateral can support the price of DAI, then DAI in the predictable future can guarantee that it can fulfil the function of acting as a store of value. However, if the price of ETH fluctuates fiercely, then this function of the DAI cannot be guaranteed. Additionally, when we talk about the currencies issued by national central banks, in normal circumstances we assume that these countries will continue to exist sustainably, thus the currencies are backed by our faith in the countries that these central banks represent, whereas with DAI, a project that has been around for only a few years, we definitely cannot assume that the project will continue to exist indefinitely and sustainably.
Sample 1
Store of value means that an asset can be stored for a time an then later taken and be exchanged; a user throughout this entire process expects it to have value from start to finish.18 Whether or not the DAI can fulfil this condition mainly depends on the fluctuation of the price of collateral. If in the predictable future, the total value of collateral can support the price of DAI, then DAI
Sample 1

Examples of Store of value in a sentence

  • Store of value: CP = good (the past performance was very good at the time of this writing), UP = very good, (the best scenario for Bitcoin is amazingly good), 4.

  • Store of value The second objective of the SDR was to free international liquidity of its reliance on U.S. economic policy.

  • Store of value is a means of holding wealth.crypto assets as equity, and derivative crypto assets as financial derivatives.

  • VeChain economy consist of two different kind of coins:• VeChain Token(VET): Store of value and smart payment currency.• Thor power(VTHO): Same as gas for Ethereum but using a different coin from the base one.

  • Longitudinal assessment of balance and gait after concussion and return to play in collegiate athletes.

  • Store of value tokens are merely a technologically enabled means of accounting and exchange.

  • The role of money • It is a medium of exchange – use it to buy goods and services.• Unit of account – standard measure of how much goods and services are worth.• Store of value – it holds its value over time.

  • Secondary Function of money• Store of value: This means that is a store of purchasing power over periods of time.

  • Q 1.For which function, money is accepted as unit of account?A) Measure of value C) Standard of deferred payment B) Medium of exchange D) Store of value Q 2.

  • Store of value: something that can be reliably saved, stored, and retrieved while retaining its usefulness over time.

Related to Store of value

  • Anything of value means any goods that have a certain utility to the recipient that is real and that

  • Date of valuation means the date determined by a municipality in terms of Section 31(1);

  • Schedule of Values means the detailed breakdown of the cost of the materials, labor, and equipment necessary to accomplish the Work as described in the Contract Documents, submitted by Contractor for approval by Owner and A/E.

  • Gift means any gratuity, discount, entertainment, hospitality, loan, forbearance, or other tangible or intangible item having monetary value including, but not limited to, cash, food and drink, and honoraria for speaking engagements related to or attributable to government employment or the official position of an officer or employee.

  • Government Official means (a) any official, officer, employee, or representative of, or any person acting in an official capacity for or on behalf of, any Governmental Authority, (b) any salaried political party official, elected member of political office or candidate for political office, or (c) any company, business, enterprise or other entity owned or controlled by any person described in the foregoing clauses;

  • government department means any department of the Government of the United Kingdom;

  • Participating municipality means a municipality that is designated by or under the Act as a participating municipality in a conservation authority.

  • Rebate shall have the same meaning as ascribed thereto in Article 10.3.4 of this Agreement;

  • Gratuity means tendering, giving, or providing anything of more than nominal monetary value including, but not limited to, cash, travel, entertainment, gifts, meals, lodging, loans, subscriptions, advances, deposits of money, services, employment, or contracts of any kind. The exceptions set forth in the Governor’s Code of Conduct, Executive Order 1980-18, the 4 Pa. Code §7.153(b), shall apply.

  • Special Government employee means an officer or employee of EPA who is retained, designated, appointed or employed to perform, with or without compensation, for not to exceed 130 days during any period of 365 consecutive days, temporary duties either on a full-time or intermittent basis. See 18 U.S.C. 202. 1503.601 Policy. (a) No contract may be awarded without competition to a former employee or special government employee (or to a business concern or other organization owned or substantially owned or controlled by a former employee) whose employment terminated within 365 calendar days before submission of a proposal to EPA. (b) No contract shall be awarded without competition to a firm which employs, or proposes to employ, a current employee or special government employee, or a former EPA employee or special government employee, whose employment terminated within 365 calendar days before submission of a proposal to EPA, if either of the following conditions exists:

  • Government Contract means any Contract between, on the one hand, the Company or any of the Subsidiaries and, on the other hand: (i) the United States government or any other Governmental Authority, (ii) any prime contractor to the United States government or any other Governmental Authority or (iii) any subcontractor with respect to any Contract described in clauses (i) or (ii).

  • Gifts means, for purposes of this Policy, money, advances, personal services, gratuities, loans, extensions of credit, forgiveness of debts, memberships, subscriptions, travel, meals, charitable donations, refreshments, hospitality, promises, discounts or forbearance that are not generally available to members of the public. A Gift need not be intended to influence or reward an Employee.

  • Pay means rate of compensation for the job.

  • Median household income (MHI) means the calculation computed by the U.S. Census Bureau - Income of Households - This includes the income of the householder and all other individuals 15 years old and over in the household, whether they are related to the householder or not. Because many households consist of only one-person, average household income is usually less than average family income. The median divides the income distribution into two equal parts: one-half of the cases falling below the median income and one-half above the median. For households and families, the median income is based on the distribution of the total number of households and families including those with no income. The median income for individuals is based on individuals 15 years old and over with income. Median income for households, families, and individuals is computed on the basis of a standard distribution.

  • Government aggregator means any government entity subject

  • Donation means voluntary contributions in money or in kind (including goods or services etc.) to individuals or charitable entities (such as foundations, associations and other nonprofit organizations); universities and other schools; and other private or public legal entities or organizations etc. to advocate a philanthropic cause, serve the public interest and help achieve a social goal, without a consideration received in return.

  • Introduction Fee means the fee payable by the Client to the Agency for an Introduction resulting in an Engagement;

  • NSF means National Sanitation Foundation.

  • Improper Payment means: (a) any payment, offer, gift or promise to pay or authorization of the payment or transfer of other things of value, including without limitation any portion of the compensation, fees or reimbursements received hereunder or the provision of any service, gift or entertainment, directly or indirectly to (i) a Government Official; (ii) any director, officer, employee or commercial partner of a Party or its Affiliates; or, (iii) any other person at the suggestion, request or direction or for the benefit of any of the above-described persons and entities, for purposes of obtaining or influencing official actions or decisions or securing any improper advantage in order to obtain, retain or direct business; (b) payments made and expenses incurred in connection with performance of obligations under this Agreement that are not made and recorded with sufficient accuracy, detail, and control to meet the standards in applicable Anti-Corruption Laws; or, (c) any other transaction in violation of applicable Anti- Corruption Laws.

  • Government school means a school established under section 5 of the Act, for the purpose of providing courses of instruction in pre-school, primary or secondary education.

  • Household income means the combined income of the members

  • Remitter means a person who purchases an instrument from its issuer if the instrument is payable to an identified person other than the purchaser.

  • Political contribution means any payment, gift, subscription, assessment, contract, payment for services, dues, loan, forbearance, advance or deposit of money or any valuable thing, to a candidate for public office or to a political committee, including but not limited to a political action committee, made for the purpose of influencing any election in the Commonwealth of Pennsylvania or for paying debts incurred by or for a candidate or committee before or after any election.

  • The Municipality means Mossel Bay Municipality.

  • Engineer-in-charge means the officer nominated by the company in the Civil Engineering cadreI discipline who is competent to direct supervisors and authorised to be in charge of the works for the purpose of this contract. The Engineer in Charge IDesignated Officer in Charge who is of an appropriate seniority, will be responsible for supervising and administering the contract, certifying payments due to the contractor, valuing variations to the contract, awarding extension of time and valuing compensation events. The Engineer in Charge IDesignated Officer in Charge may further appoint his representatives i.e. another personIProject Manager or any other competent person and notify to the contractor who is directly responsible for supervising the work being executed at the site, on his behalf under their Delegation of Powers of the company. However, overall responsibility, as far as the contract is concerned ,will be that of the Engineer in ChargeIDesignated Officer in Charge.