Real Currency

Real Currency

The purchasing power in today's currency of future nominal currency to be disbursed or received.

Real Currency

A currency expressed in terms adjusted for inflation. See also: Real, Nominal.
References in periodicals archive ?
Following those trends, after an abrupt devaluation of the real currency, competitiveness is lost.
Mindark PE AB, The Virtual Reality Company, was founded in 1998 to build viable economic Virtual Reality systems and worlds to support secure avatar development and real currency based virtual goods manufacturing and trading.
Petrobras' plan also assumed Brazil's real currency would average 3.
But this is Ireland, where an expression of "regret" is real currency - a bit like a bastardised version of Monopoly, you get out of jail free, pass Go and collect [euro]27million.
My worry is that revalidation will become a tick box exercise with no real currency in ensuring safe practice.
Treasury defines virtual currency as "a medium of exchange that operates like a currency in some environments, but does not have all the attributes of real currency.
London prices sank close to a six-year trough at $355, after similar recent falls in New York, as the market was shaken once again by the weak Brazilian Real currency and plentiful stockpiles.
Obviously, exiting a real currency union is far more complex and legally fraught than ending a temporary exchange-rate arrangement; the effects of such a move would be greatly magnified.
First, although the scope of the Notice is limited to "convertible virtual currencies," the suggested definition covers any virtual currencies having "equivalent value in real currency," and can be used by the Service to tax any virtual economy transaction, including those in "closed-flow" currency systems.
Results are the only real currency which matter in the Celtic hotseat and the Norwegian has come to terms with the situation.
Markets have grown allergic to the president, with stocks and the real currency falling every time her poll numbers rose during the campaign.
We introduce the notion of 'digital coins'/tokens which can act as real currency during transactions of small coin payments.