Book Currency
Share. The term book money primarily denotes bank account balances. Book money differs from base money in that it is not part of a limited supply of actual currency released by a central bank or monetary authority, but is simply a debt agreement between a commercial bank and a depositor.
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Digital currency is any currency, money, or money-like asset that is primarily managed, stored or exchanged on digital computer systems, especially over the internet. Types of digital currencies include cryptocurrency, virtual currency and central bank digital currency.
Read MoreSmart Money
Smart money is capital placed in the market by institutional investors, market mavens, central banks, funds, and other financial professionals. Smart money also refers to the force that influences and moves financial markets, often led by the actions of central banks. Smart money is capital that is controlled by institutional investors.
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