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token-money

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Token money - Wikipedia
Token money, or token, is a form of money that has a lesser intrinsic value compared to its face value . Token money is anything that is accepted as money, not due to its intrinsic value but instead because of custom or legal enactment. Token money costs less to produce than its face value. en.wikipedia.org
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TOKEN MONEY Definition & Meaning - Merriam-Webster
The meaning of TOKEN MONEY is money of regular government issue (such as paper currency or coins) having a greater face value than intrinsic value. www.merriam-webster.com
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Token Money: Meaning, Importance and Key Considerations for ...
Token money means an advance amount given to the vendor by the buyer as an assurance for the transaction. Read here the rule and things to consider while ... www.icicibank.com
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token-money
ˈtoken-ˌmoney a. Eccl. The payment made or contribution given (by way of Easter Offering) by persons on receiving their token that they were duly prepared to make their Easter communion. (See token 10 b, quot. 1608, and Churchw. Acc. St. Martin in the Fields 37 note.)1546 Churchw. Acc. St. Martin in... Oxford English Dictionary
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Token Money - Economics Help
Token money is a form of money which represents a greater value than its intrinsic value. Originally medium of exchange involved metals with intrinsic value. www.economicshelp.org
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TOKEN MONEY | English meaning - Cambridge Dictionary
TOKEN MONEY definition: notes or coins for which the value written on them is greater than the value of the materials they are made from. Learn more. dictionary.cambridge.org
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Token money
Token money, or token, is a form of money that has a lesser intrinsic value compared to its face value. A gold coin is not considered token money. wikipedia.org
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Token Money: Meaning, Features, and Significance Explained
Token money can be understand as a percentage of the sale price of the property that is paid to the seller by the buyer in order to show an honest interest in ... www.aavas.in
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What is Token Money in Finance? - Fibe
It enables you to formalise a transaction by transferring a small amount to the seller's account. This procedure can be recorded as an agreement in your deal ... www.fibe.in
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token-money - Black's law dictionary
Token money — is Money made from tokens of some form, as opposed to Account Money. Coins are token money, as are paper notes.Token money has a strong privacy ... blacks_law.en-academic.com
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Token Money in Property Purchase: Meaning & Its Importance
Token money is an important part of financial transactions involving properties, as it demonstrates a buyer's intention to purchase a property. After receiving ... www.kotak.com
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An Orb, a Token and Money for Everyone: Worldcoin's CEO on ... - CoinDesk
Jul 10, 2023CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies.
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Token economy
Some possible reinforcers might be: Material reinforcers: candy, cigarettes, journals, money Services: breakfast in bed, room cleaned, enjoyable activities See also Experimental analysis of behavior Operant conditioning Reinforcement Money References Behavior modification Behaviorism Management cybernetics wikipedia.org
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Token
of money, e.g.: Casino token, also known as a casino chip, check, cheque, or gaming chip Knight's token, carried by a medieval knight Token money, money that is of limited legal tender Tokens, exonumia, items of currency other than coins and paper money Other uses P-20 radar, NATO reporting name wikipedia.org
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Expected value of a sum of random events Suppose there's a market that has decided to award its most loyal customers. The market sells a certain type of breakfast cereals with a single token in each box. There are **_...
We find $\mathbb{E}X=\sum_{k=0}^{n-1}\frac{n}{n-k}=n\sum_{k=1}^{n}\frac{1}{k}$ The expected amount of money to be paid is $nx\sum_{k=1}^{n}\frac{1}{k}
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