Wertbestaendige(redirected from Wertbestandige)
Notgeld printed in Germany during and immediately after World War I that purported to be pegged to some asset. For example, some Wertbestaendige was based on rye, while some was based on coal. The intention behind this was to help the notgeld to keep its value as a medium of exchange. It was largely unsuccessful.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved