automatic currency


automatic currency
noun
: an elastic currency that adapts itself to business needs with little government intervention — contrasted with managed currency

Useful english dictionary. 2012.

Look at other dictionaries:

  • Currency Board — Entity charged with maintaining the value of a local currency with respect to some other specified currency. Bloomberg Financial Dictionary * * *    A strict exchange rate system in which a country pegs its currency firmly to another, such as the …   Financial and business terms

  • Currency detector — A currency detector is a device that determines if a piece of currency is, or is not, counterfeit. These devices are used in vending machines that accept payment and dispense a product to a customer. They are also used in change machines and in… …   Wikipedia

  • Currency-counting machine — A U.S. Navy Disbursing Clerk using a Cummins JetScan to count United States twenty dollar bills …   Wikipedia

  • Automatic stabiliser — In macroeconomics automatic stabilisers work as a tool to dampen fluctuations in real GDP without any explicit policy action by the government. The size of the government deficit tends to increase as a country enters recession, which helps keep… …   Wikipedia

  • managed currency — noun : a currency whose purchasing power is adjusted by the monetary authorities with the purpose of influencing business activity and prices rather than determined by a fixed relationship to gold contrasted with automatic currency …   Useful english dictionary

  • self-regulating currency — noun : automatic currency …   Useful english dictionary

  • Optimum currency area — In economics, an optimum currency area (OCA), also known as an optimal currency region (OCR), is a geographical region in which it would maximize economic efficiency to have the entire region share a single currency. It describes the optimal… …   Wikipedia

  • managed currency — a currency whose value is established and maintained by deliberate governmental action working through national and international financial institutions, in contrast to the quasi automatic gold standard. [1920 25] * * * …   Universalium

  • ДЕНЕЖНОЕ ОБРАЩЕНИЕ, АВТОМАТИЧЕСКИ ПРИСПОСАБЛИВАЮЩЕЕСЯ К ПОТРЕБНОСТЯМ ТОРГОВЛИ — AUTOMATIC CURRENCYСм. ДЕНЕЖНОЕ ОБРАЩЕНИЕ ЭЛАСТИЧНОЕ …   Энциклопедия банковского дела и финансов

  • ECONOMIC AFFAIRS — THE PRE MANDATE (LATE OTTOMAN) PERIOD Geography and Borders In September 1923 a new political entity was formally recognized by the international community. Palestine, or Ereẓ Israel as Jews have continued to refer to it for 2,000 years,… …   Encyclopedia of Judaism