 |
Definition of 'Time-Based Currency'
A currency whose value is based on one man-hour of labor. A time-based currency is an alternative form of currency most often found in communities that place value on volunteerism and social capital. It has no monetary value.
|
 |
Investopedia explains 'Time-Based Currency'
Time-based currencies are found in time banks, which are groups of individuals and businesses that use their "earnings" of the alternative currency to get others to help them with projects. Because time-based currencies have no value outside of man-hours, individuals and organizations are unlikely to hoard them.
|
Search results for 'Time-Based Currency'
-
http://www.investopedia.com/articles/optioninvestor/05/022305.asp
... option volatilities on the other hand measure the expected fluctuation of a
currencys price over a given period of time based upon historical fluctuations. ...
-
http://www.investopedia.com/articles/optioninvestor/10/options-strategies-down-market.asp
... This makes sense because options are time-based instruments, and having a
stock price that moves quickly is what option traders want. ...
|
|
