enow.com Web Search

Search results

  1. Results from the WOW.Com Content Network
  2. Standard of deferred payment - Wikipedia

    en.wikipedia.org/wiki/Standard_of_deferred_payment

    A debt is a deferred payment; a standard of deferred payment is what they are denominated in. Since the value of money – be it dollars, gold, or others – may fluctuate over time via inflation and deflation, the value of deferred payments (the real level of debt) likewise fluctuates.