store of value

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Store of Value

Anything with value that may be stored and retrieved at a later date with the expectation that it will still have value. The most common store of value is money, which generally will still be money after being buried underground for some number of years. Other stores of value include real estate, securities and precious metals.

store of value

see MONEY.

store of value

an attribute of MONEY, enabling people to hold on to money to finance some future purchase of a product or asset without loss of PURCHASING POWER in the interim. More generally, any other ASSET that can be held and converted into money at the same price as its purchase price can serve as a store of value. In a period of INFLATION, however, the purchasing power of money itself will decline, undermining its function as a store of value and increasing the comparative attractiveness of real property assets the value of which rises with inflation.
References in periodicals archive ?
If I were a Renaissance aristocrat, maybe, who needed a portable store of wealth that could be hidden from predatory kings and marauding mobs.
8220;The Victoria Cross still remains the apogee for the medal collector, military history enthusiast and increasingly, the investor in search of rare, tangible assets as a store of wealth.
Gold has long been used as money and as a store of wealth, but what's the source of its value?
Martin Ellis, housing economist at Halifax, says: "For most people, money held in bricks and mortar is a store of wealth.
Gold has been used for thousands of years as a store of wealth for governments, central banks and individual investors alike.
With the global econ-omic recovery still burdened by high and rising debt levels in Western economies, as well as the renewed threat of recession driving down the US dollar and equities, the outlook for gold as a liquid, reliable asset class and as a store of wealth remains highly favourable," Aram Shishmanian, CEO of the World Gold Council, said in a statement.
With the global economic recovery still burdened by high and rising debt levels in western economies, as well as the renewed threat of recession driving down the US dollar and equities, the outlook for gold as a liquid, reliable asset class and as a store of wealth remains highly favourable," said Aram Shishmanian, the chief executive of the World Gold Council.
Aa Sarasin still sees the attractions of gold as an independent store of wealth.
The quality of money is, consequently, defined as the capacity of money, as perceived by actors, to fulfill its main functions, namely to serve as a medium of exchange, as a store of wealth, and as an accounting unit.
Despite being scarcer than gold, diamonds attract significantly less investment interest - even though they are an extremely compact store of wealth.
The gold price in sterling, in contrast, has risen four-fold and more, as money's competitive edge as a store of wealth has been steadily eroded.