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Meaning of price of money | Babel Free

Noun CEFR C1

Definitions

The rate of discount in lending or borrowing capital.

Examples

“Apart from the fact that interest is not the price of money but the price of credit, that is, for borrowing money, it looks like Choudhury only wants to accept money as a means of exchange and a numeraire, not as an asset in its own right.”

CEFR level

C1

Advanced
This word is part of the CEFR C1 vocabulary — advanced level.

See also

price of tea in China price on someone's head price point price range price scissors price signal