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  2. Key Takeaways

    • A store of value is an asset that maintains its value, rather than depreciating.
    • Gold and other precious metals are good stores of value because their shelf lives are essentially perpetual.
    • A nation's currency must be a reasonable store of value for its economy to function smoothly.
    www.investopedia.com/terms/s/storeofvalue.asp
    www.investopedia.com/terms/s/storeofvalue.asp
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  3. People also ask
    What is an example of a store of value?An example of a store of value is someone earning money on their paycheck and then depositing in the bank later on. They can then withdraw this money, knowing it retained its value over time, and spend it on goods and services. What is meant by store of value? Store of value means that an asset can hold a relative value over time.
    What makes a good store of value?The key aspects of a good store of value are durability, portability, divisibility, and intrinsic value, among others. Let’s dive deeper into each of these: Durability: For an asset to be a good store of value, it must withstand physical wear and tear or decay.
    Which commodities are considered stores of value?Various commodities are considered stores of value by virtue of their divisibility, durability, and portability. A store of value is an asset, currency, or a commodity that can be stored and retrieved at a later date without losing its value.
    What does money as a store of value mean?Money as a store of value means that money holds its value over time as a national currency. Money serving as a unit of account means that the worth of money is attached to the value of goods and services through the concept of pricing. What Are The Functions of Money?
     
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