It was a form of representative money—written notes with no intrinsic value promising that whoever held one could exchange it later for the stuff with actual value.
这是一种有代表性的货币形式——没有内在价值的书面票据,承诺任何持有它的人以后都可以用它来换取具有实际价值的东西。
单词 | Representative money |
释义 |
Representative money
原声例句
PBS趣味科普 It was a form of representative money—written notes with no intrinsic value promising that whoever held one could exchange it later for the stuff with actual value. 这是一种有代表性的货币形式——没有内在价值的书面票据,承诺任何持有它的人以后都可以用它来换取具有实际价值的东西。
英语百科
Representative moneyThe term representative money has been used variously to mean: Historically, the use of representative money predates the invention of coinage. In the ancient empires of Egypt, Babylon, India and China, the temples and palaces often had commodity warehouses which issued certificates of deposit as evidence of debt, a form of "representative money." |
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