store of value

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Related to Stores of Wealth: Store of value, Unit of account

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 ?
The rise of gold in all currencies shows how confidence in paper currencies, and increasingly the euro, as stores of wealth and monetary assets is gradually being eroded.
Although the expedition itself was hardly a success--Ralegh conquered no lands, found no stores of wealth, and discovered little not observed by earlier adventurers--he created a triumph for himself by publishing The Discovery.
Few other assets, for example, are held by central banks as stores of wealth.
More and more, it seems the advance in asset classes like stocks, corporate bonds and commodities has more to do with capital gains and the reinvestment of massive stores of wealth that are still sidelined for safety reasons.
SC: Consumers have been able to access their stores of wealth and have been engaging in spending at a very high rate.
dollar comes under pressure--as it must--the story of gold and silver as alternative stores of wealth will begin to make the rounds, and it will be a story that tells very well.
Ownership will continue to appeal to many, but the availability of many other stores of wealth will cause even the affluent to accept rental and condominium housing.
Citing statistics gathered in 1988, the two found that blacks had more of their overall assets sunk into their homes (63%) than whites (43%), and less in stocks, bonds and other financial stores of wealth .