Real Currency

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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 ?
Unlike most other virtual or real currencies, Bitcoin does not have a single issuer--a government or a company that owns an online game--and exists solely as a file on a user's computer.
Treasury Financial Crimes Enforcement Network (FinCEN) stated that any business that transfers virtual currencies, or that exchanges virtual currencies for real currencies, would be considered a money transmitter for registration and reporting purposes under the BSA.
such as gold, (5) today, most real currencies are fiat currencies, which
Online virtual currencies are proprietary, near-impossible to convert into real currencies and can be both impenetrable and highly volatile.
DUBAI Counterfeiters are throwing up a huge challenge to authorities and money exchange houses by using increasingly sophisticated techniques to forge notes with most of the security features used in real currencies, forensic experts said.
Social network users and social gaming players are becoming more comfortable paying for virtual goods and there is a need for convenient and secure micropayment transactions made in virtual or real currencies.
Are these network currencies ultimately going to challenge our existing tax system (2) (no real currencies, therefore no taxes), as well as the State's monopoly and monetary controls (multiplication ad infinitum of currencies that are not bound to have obligatory reserves)?
International players preferred staying with the non-virtual currencies and many players claimed that making transactions in any number of real currencies and playing for real money at BackgammonMasters was much more thrilling then playing with Lindens.
Virtual currencies can be purchased, sold and exchanged with other types of virtual currencies or real currencies, like the U.