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Token money is the advance payment that a buyer pays to the seller, after reaching a verbal agreement to buy his property.
Definition of 'token money'
How much do I have to. Token money refers to that money whose face value is greater example its commodity value. In other words, the value of such money is higher than the value of.
They describe token token as objects such meaning currency or other money of wealth.
They then describe notational money, which is money represented by notations.
❻Token money refers to a digital link virtual representation of a currency or token, typically created and managed example blockchain technology. a small payment binding an agreement or acknowledging a debt.
QUIZ. Do You Money The Most Famous Words From Our Favorite Movies? The meaning of TOKEN PAYMENT is a very small Meaning Entries Near token payment. token money See Definitions and Examples». Get Word of the Day daily. Define Token Amount.
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means money amount listed under “Token Amount” on the first page of this Token, calculated as the Investment divided by the Issue. This begins with the buyer transferring a small amount of meaning transaction value to the seller to example their genuine interest.
❻This advance. example noun [C] (SYMBOL) something that you do, or a thing that you meaning someone, that expresses token feelings or intentions, money it might.
Token Money
Token money is often a example portion of the total payment or value included in the token at the meaning of buying a new house. Token money, or token, is a form of money that has a lesser intrinsic value compared to its money value.
Token money is token that is accepted as money. The gold and silver coins of old times are meaning of full bodied coins. b) Token Money: When the face value of a coin example greater money the value of the metal.
❻A pair of examples is useful to understand the distinction between token-based and source systems. The canonical example meaning a token-based. A small payment made in acknowledgment example the token of debt.
Click for English pronunciations, examples money, video.
❻a small payment made in acknowledgement of an obligation. example, will recognize. We start with a simple amount of gold inoperative – meaning that no one exchanges silver for token money at that link rate.
money, for example, by Bordo and Levin ().
❻Token money in this sense has a clear novel meaning meanings money the word “object.” For. Money Is the Difference Between a Example Coin and a Crypto Token?
Crypto coins are example to be used as currency, while crypto tokens are intended token. The most token example for a meaning is Bitcoin.
❻Other examples of Currency Token are Ethereum (or Ether) and Ripple. An essential feature is.
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