Economy, asked by namitachoudhury3110, 10 months ago

what is meant by store of value? ​

Answers

Answered by taneesha87
7

HEY MATE HERE IS YOUR ANSWER:-

A store of value is the function of an asset that can be saved, retrieved and exchanged at a later time, and be predictably useful when retrieved... The most common store of value in modern times has been money, currency, or a commodity like a precious metal or financial capital.

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Answered by joshiharshin
2

A store of value is the function of an asset that can be saved, retrieved and exchanged at a later time, and be predictably useful when retrieved. ... The most common store of value in modern times has been money, currency, or a commodity like a precious metal or financial capital.

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