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In economics, one of the four functions of money is to serve as a "standard of deferred payment". It means that a contract or agreement may specify (or imply) that the repayment of a debt be made using a particular monetary unit. It differs from other functions of money in that it is not functioning as an immediate medium of exchange or store of value but, rather, as a medium by which future payments will be made.

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โˆ™ 2010-11-25 02:12:48
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Algebra

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A polynomial of degree zero is a constant term

The grouping method of factoring can still be used when only some of the terms share a common factor A True B False

The sum or difference of p and q is the of the x-term in the trinomial

A number a power of a variable or a product of the two is a monomial while a polynomial is the of monomials

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Q: What does standard of deferred payment mean?
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Related questions

When was Payment Deferred created?

Payment Deferred was created in 1926.


When are Deferred payment accepted?

In economics, one of the four functions of money is to serve as a "standard of deferred payment". It means that a contract or agreement may specify (or imply) that the repayment of a debt be made..


What is the duration of Payment Deferred film?

The duration of Payment Deferred - film - is -4860.0 seconds.


Deferred payment and interest?

Is deferred interest deductable


When was Payment Deferred - film - created?

Payment Deferred - film - was created on 1932-11-07.


What does a deferred payment mean on a truck payment?

A deferred payments is to make the payment at a later date. From time to time a creditor may ask if you would like to skip a payment. They would charge you about $50 and move the payment or defer it to the end of the loan. This is not to your advantage. It costs you up front and costs you interest.


What is deferred payment price?

A deferred payment price may be different from a price of cash and carry. To pay later is to defer and is usually more expensive.


What are the differences between hire purchase transaction and deferred payment?

give three similarities and three difference between hire purchases and deferred payment


What is a Arrangement for deferred payment for goods and services?

credit


What are the release dates for Payment Deferred - 1932?

Payment Deferred - 1932 was released on: USA: 7 November 1932 USA: 2 August 1939 (re-release)


How will a deferred payment look on your credit?

If it is a student loan, there will be a statement on the credit report. It will also show the date that payments were deferred.


What are the release dates for Police Story - 1973 Payment Deferred 4-1?

Police Story - 1973 Payment Deferred 4-1 was released on: USA: 21 September 1976

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