store of value

(noun)

An asset such as money or gold that is purchased or accepted as payment for goods and services for its ability to purchase other assets in the future without rapidly losing its purchasing power.

Related Terms

Examples of store of value in the following topics:

  • Functions of Money

    • The main functions of money are as a medium of exchange, a unit of account, and a store of value.
    • Gold was popular as a medium of exchange and store of value because it was inert.
    • To act as a store of value, money must be able to be reliably saved, stored, and retrieved.
    • Some have argued that inflation, by reducing the value of money, diminishes its ability to function as a store of value.
    • Money, such as the U.S. dollar, functions as a medium of exchange, a unit of account, and a store of value.

  • The Definition of Money

    • The value of commodity money comes from the commodity out of which it is made.
    • It is a medium of exchange, a unit of account, and a store of value:
    • Store of Value: To act as a store of value, money must be reliably saved, stored, and retrieved.
    • The value of commodity money is derived from the commodity out of which it is made.
    • Distinguish between the three main functions of money: a medium of exchange, a unit of account, and a store of value

  • Impairment Recognition

    • For an example, take a retail store that is recorded on the owner's balance sheet as a non-current asset worth USD 20,000 (book value or carrying value is USD 20,000).
    • Based on the asset's book value, assume the store has a historical cost of USD 25,000 and accumulated depreciation of USD 5,000.
    • A hurricane sweeps through the town and damages the store's building.
    • The Loss on Impairment for USD 8,000 is recognized on the income statement as a reduction to the period's income and the asset Store Building is recognized at its reduced value of USD 12,000 on the balance sheet (25,000 historical cost - 8,000 impairment loss - 5,000 accumulated depreciation).
    • The impairment of an asset reduces its value on the balance sheet.

  • Capacitance

    • Capacitance is the measure of an object's ability to store electric charge.
    • Capacitance is the measure of an object's ability to store electric charge.
    • Any body capable of being charged in any way has a value of capacitance.
    • Capacitance (C) can be calculated as a function of charge an object can store (q) and potential difference (V) between the two plates:
    • In storing charge, capacitors also store potential energy, which is equal to the work (W) required to charge them.

  • Network Models of Memory

    • According to network models of memory, the connections between neurons are the source of memories, and the strength of connections corresponds to how well a memory is stored.
    • Network models of memory storage emphasize the role of connections between stored memories in the brain.
    • In network theory, each connection is characterized by a weight value that indicates the strength of that particular connection.
    • PDP posits that memory is made up of neural networks that interact to store information.
    • Network models propose that these connections are the basis of storing and retrieving memories.

  • Value of Retailing

    • For example the $16.5 billion merger between Federated Department Stores and Mays forming Macy's Department Stores and the 2004 merger between Kmart Holding Corp and Sears that was valued at $10.9 billion.
    • There are many different types of retailers; department and discount stores, warehouse stores, variety, demographic retailers aimed at a specific buyer, "Mom & Pop" stores owned and operated by individuals specialty stores, general and convenience stores, mail-order, hypermarkets, supermarkets, malls, category specialists, vending machines, no-frills, self-service or automated retail (robotic kiosks seen in airports and at supermarkets), big box stores and of course on-line e-tailers.
    • Though referred to by a number of different labels throughout the globe, the pawn or second hand shop is a staple of most communities.
    • Retailing second hand or used goods, it enables consumers to purchase goods at deeply discounted prices or to borrow against and using the value of the product as collateral against a cash loan.
    • Retailing is a part of and impacts almost all areas of a person's life.

  • Terms Used to Describe Price

    • The price of an item is also called the price point, especially where it refers to stores that set a limited number of price points.
    • Other stores will have a policy of setting most of their prices ending in 99 cents or pence.
    • Other stores (such as dollar stores, pound stores, euro stores, 100-yen stores, and so forth) only have a single price point ($1, £1, 1€, ¥100), though in some cases this price may purchase more than one of some very small items.
    • From a customer's point of view, value is the sole justification for price.
    • But those customers can understand what that product does for them in the way of providing value.

  • B2C Channels

    • The types of product features consumers desire include value, convenience, efficiency in operation, dependability in use, and/or improvement in earnings.
    • communicate and sell it in the fashion that demonstrates its value effectively to the target market
    • Shopping malls, grocery stores, and restaurants are all examples of brick-and-mortar stores .
    • Examples of e-commerce stores are amazon.com, walmart.com, and barnesandnoble.com.
    • The Apple retail store in Chicago, Ill. is an example of a "brick-and-mortar" store.

  • Using Interference to Read CDs and DVDs

    • Optical discs are digital storing media read in an optical disc drive using laser beam.
    • Optical discs are digital storing media.
    • They can store music, files, movies, pictures etc..
    • If the beam hits a land, it gets reflected back and is recorded as a value of 1.
    • If the beam hits a pit, it gets scattered and is recorded as a value of zero.

  • Introduction to Memory Storage

    • Because of this consolidation process, memories are more accurate the sooner they are retrieved after being stored.
    • The multi-trace distributed memory model suggests that the memories being encoded are converted to vectors (lists of values), with each value or "feature" in the vector representing a different attribute of the item to be encoded.
    • The dual-store memory search model, now referred to as the search-of-associative-memory (SAM) model, remains one of the most influential computational models of memory.
    • Two types of memory storage, short-term store and long-term store, are utilized in the SAM model.
    • In the recall process, items residing in the short-term memory store will be recalled first, followed by items residing in the long-term store, where the probability of being recalled is proportional to the strength of the association present within the long-term store.