store of value


A commodity, currency or other type of capital that is tradable and can be stored for future use. It is a fundamental component of the economic system because it allows trade to occur with items that have inherent value. An example of a store of value is currency, which can be exchanged for goods and services. If the value of currency becomes unpredictable, such as in times of hyperinflation, investors and consumers will shift to alternative stores of value, such as gold, silver, precious stones and real estate.

Use store of value in a sentence

The crypto currency was a sufficient store of value and an excellent medium of exchange so the company began accepting it as payment.

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You may want to make sure that you know where you stand in the store of value and see how to improve.

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Bitcoin is a controversial new crypto-currency and it is currently struggling to become accepted as a store of value, which is critical to it being adopted more broadly in the marketplace.

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