TeachMeFinance.com - explain Interior movement of money
Interior movement of money -- This term as used in New
York means the movement or flow of money from New York
to other domestic points (but not wholly interior points ; seaboard
points are included) and the flow from other domestic
points to New York. When it is said that the interior movement
of money is in favor of New York it is meant that more
money is coming to New York than is going from New York.
Likewise, when it is said that the interior movement of money
is against New York it is meant that more money is going
from New York than is coming to New York.
About the author
Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.