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What is A single unit of predecimal currency hoarded is the equivalent of a similar pecuniary token received as wages?
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∙ 11y ago
A penny saved is a penny earned.
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∙ 11y ago
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How currency is liability to central bank?
The centeral bank is not allowed to just print money and go buy their morning coffee with it. They have to buy bonds if they want to inject money into the economy. When the bonds mature, they are repaid using currency. So the reserve bank looses an asset (the bond), and gets nothing in return (remember they can't go spend the currency that they just received in payement for the bond. The currency is just stored away, removed from the economy). In effect, outstanding currency means that the bank 'owes' somebody a bond, and they can come and claim that bond with their currency (obiously an oversimplification but you get the idea.) Many years ago money was a liability to the bank because it was redeemable for gold. Now it is redeemable for bonds.
What is difference between a red seal two dollar bill and one without?
Most bills with red seals are an older form of currency called U.S. Notes. U.S. Notes were essentially a parallel form of currency to Federal Reserve Notes, except they were issued directly by the government without involving the Fed. $2 and $5 were the most common U.S. notes, but there were also some $10 and $100 bills issued too. In the mid-1960s the government decided there was no purpose in having two parallel currency systems because they were entirely interchangeable. The Federal Reserve system was given sole authority over currency distribution and production of U.S. Notes ended around 1967. All currency printed after that time has been in the form of Federal Reserve Notes which carry a green seal. As far as value is concerned, $2 Fed notes are only worth face value if received in change. $2 U.S. notes are worth a small premium (50c or $1) to collectors, mostly because they're older and less common, but are otherwise entirely equivalent to their green counterparts.
Difference between cash transfers and in-kind benefits?
Benefit In Kind is a benefit other than cash received by employees as part of their total compensation package. A Cash Transfer consists of the payment of currency or transferable deposit by one unit to another without any counterpart.La Uruguayita genteee
Describe cash received from cash sales?
accounting entry for cash received for the sales of office uniform
What is the economic term for the money that is received from the sale of goods and services?
Revenue is the economic term for the money that is received from the sale of goods and services.
What are the ratings and certificates for Currency - 2012 V?
Currency - 2012 V is rated/received certificates of: USA:G
In a book a child received sixpence weekly allowance How much is this in US money?
Sixpence is part of the redundant British currency which ceased to be used in 1971. In 1971, Sixpence translated to 2.5 New Pence in the new British decimal currency. 2.5 New Pence (or Sixpence) in 1971, would convert in today's values and at current exchange rates, to about 3.8 US cents.
What are the ratings and certificates for MASK - 1985 The Currency Conspiracy 1-32?
MASK - 1985 The Currency Conspiracy 1-32 is rated/received certificates of: Australia:G
What factors create a foreign exchange gain on a foreign currency transaction?
An appreciation in a foreign currency creates a foreign exchange gain when the foreign currency is to be received. A decrease in the value of foreign currency creates a foreign exchange gain when the foreign currency is to be paid. (Hoyle, Schaefer, Doupnik, 2009, pp. 328)
What does it mean by currency trading profits?
Currency trading profits refers to profits received in currency trading. It is a practice of exchange foreign and domestic currency to produce a profit due to the difference in value. FXCM offers a free trail for people wanting to try out their possible skills before actually using money.
Who pays the bank fees in a wire transfer sender or recipient?
Usually the sender of the wire transfer pays a fee for sending the money. In most cases the receiving bank does not charge its customer any fee for receiving the money. However, if the money is sent overseas, the receiving bank may charge the recipient a fee for converting the money received from another country (which will be in foreign currency) into the local currency equivalent.
How good was the Lego movie?
The LEGO Movie was well received by critics. It received a 96% rating on Rotten Tomatoes (or an equivalent of an A+).
Where is the best location to find a currency converter?
When traveling overseas, the best exchange rate can often be received at a bank ATM machine. The machine will automatically convert the withdrawal amount into local currency. Many "smartphones" also offer currency exchange "apps" that can be used to verify the ATM machine.
Is change a noun?
The word "change" can be a noun or a verb.The noun "change" means a difference or alteration, or the currency received from the payee in a transaction, or coins (e.g. loose change).The verb "to change" is to alter, or (as above) to make a currency exchange.
Did Marco Polo get education?
Marco Polo's aunt and uncle saw that he received the education typical of merchants of his time. He studied currency and the care of ships, but not Latin.
What did the German youth do in World War 2?
They attended meetings of the Nazi youth and reported to the head of the meetings. Those who reported it received sugar, which was the currency back then.
Did Samuel Morse get any awards?
Samuel Morse received many awards from several nations especially from countries in Europe. He received the equivalent of 80,000 dollars from France.
