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Fi : Topic 1 - Purposes of money > Key words > Flashcards

Key words Flashcards

1
Q

legal tender

A
  • money must be accepted in settlement of a debt.
  • money held in bank accounts is not legal tender
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2
Q

money

A

anything that is widely accepted as a means of making payments

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Fi : Topic 1 - Purposes of money (7 decks)

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