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Meaning of token economy | Babel Free

Noun CEFR B2

Definitions

  1. A system of behavior modification based on the principles of operant conditioning; patients are rewarded with tokens (reinforcers) for engaging in desirable activities.
  2. An economy based on cryptocurrency tokens.

Examples

“The supply⟳ of any token is also important in the operation of a token economy, as well as for the more fundamental issue⟳ of token valuation.”

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
See all B2 English words →

See also

token money token ring token strike token-pasting operator tokening tokenisation

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