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Economics glossary · Policy and the financial sector

Store of value

What store of value means in economics, as one of the four functions of money, with an example and a question to test yourself.

Definition
Store of value
A store of value holds its value over time, so money kept today will still buy goods and services tomorrow or next year.
Example

Can you think of an example of store of value?

Test yourself

Can you name the four functions of money?

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