Profit reinvested i the company by its share holders is called share deposit money
"Fiat money, is money that is not backed by something with vaule. US money is backed by commodites like silver and gold. Fiat money is money declared by a government to be legal, eventhough it has no value."
Profit reinvested i the company by its share holders is called share deposit money
Money in a checking account is called demand deposit.
to deposit moneyA Deposit is the act of putting money into an account.
Profit reinvested i the company by its share holders is called share deposit money
Commodity-backed money is just what it sounds like: it's a currency where every unit of money--dollars, say--is backed by a stated amount of a commodity held in reserve by the government.
Commodity-backed money is just what it sounds like: it's a currency where every unit of money--dollars, say--is backed by a stated amount of a commodity held in reserve by the government.
you can deposit at the bank
he went to deposit his money in the bank he had to deposit 20 dollars
No.
When they deposit money
"Fiat money, is money that is not backed by something with vaule. US money is backed by commodites like silver and gold. Fiat money is money declared by a government to be legal, eventhough it has no value."
Profit reinvested i the company by its share holders is called share deposit money
Share deposit money refers to checks that can be paid on demands. Letters of credit can also be deposit money.
The role of deposit money bank in nation
Money in a checking account is called demand deposit.