Definition of Dear money

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TeachMeFinance.com - explain Dear money




historic definition...

Dear money -- Money is dear when it cannot be obtained except at high rates of interest. At such a time securities are likely to be depressed, not because they are worth less, but because money is worth more the purchasing power of money having increased.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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