full-bodied money

noun

: money which has a face value not in excess of its intrinsic value as a commodity
Commodity money may be either full bodied money or token money.Money and Banking, 1985

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Dictionary Entries Near full-bodied money

Cite this Entry

“Full-bodied money.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/full-bodied%20money. Accessed 24 Dec. 2024.

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