lawful money
简明释义
合法货币
英英释义
Lawful money refers to currency that is recognized by law as a valid form of payment for debts and financial obligations. | 法定货币是指根据法律认可的有效支付债务和财务义务的货币形式。 |
例句
1.All transactions must be conducted in lawful money.
所有交易必须使用法定货币进行。
2.In this country, lawful money is defined by the central bank.
在这个国家,法定货币由中央银行定义。
3.You can exchange foreign currency for lawful money at the bank.
你可以在银行将外币兑换为法定货币。
4.The store only accepts payments in lawful money.
该商店只接受法定货币付款。
5.The contract stipulates that all payments shall be made in lawful money.
合同规定所有付款应以法定货币进行。
作文
The concept of lawful money is fundamental in the realm of finance and economics. It refers to the currency that is recognized by a government as legal tender for settling debts and financial obligations. In many countries, this includes coins and paper bills issued by the central bank. The importance of lawful money cannot be overstated, as it serves as a medium of exchange, a unit of account, and a store of value. To understand the significance of lawful money, we must first explore its role in everyday transactions. When individuals engage in commerce, they rely on lawful money to facilitate the exchange of goods and services. For example, when you buy groceries at a supermarket, you hand over lawful money to the cashier in exchange for food. This transaction exemplifies how lawful money operates as a medium of exchange, allowing people to trade without bartering directly. Furthermore, lawful money is crucial for establishing a stable economy. A country’s central bank regulates the supply of lawful money to maintain economic stability. If too much lawful money is printed, inflation may occur, leading to a decrease in purchasing power. Conversely, if there is too little lawful money circulating, the economy may suffer from deflation, causing prices to drop and economic activity to stagnate. Therefore, the balance of lawful money in an economy is vital for maintaining financial health. In addition to its function in transactions, lawful money also plays a pivotal role in accounting and financial reporting. Businesses use lawful money as a unit of account to measure their financial performance. Revenue, expenses, assets, and liabilities are all expressed in terms of lawful money, which allows for consistent and comparable financial statements. This standardization is essential for investors, regulators, and other stakeholders who rely on accurate financial information to make informed decisions. Moreover, the definition of lawful money can vary from one jurisdiction to another. For instance, in some countries, cryptocurrencies like Bitcoin are not considered lawful money, while in others, they may gain some form of recognition. This variance highlights the evolving nature of money and the need for regulatory frameworks to adapt to new financial technologies. As digital currencies become more prevalent, discussions surrounding what constitutes lawful money will likely intensify. In conclusion, lawful money is an essential component of modern economies, serving as a medium of exchange, a unit of account, and a store of value. Its regulation by central banks ensures economic stability, while its use in financial reporting allows businesses to maintain transparency. Understanding the concept of lawful money is crucial for anyone engaging with financial systems, whether as a consumer, investor, or business owner. As we move forward in an increasingly digital world, the definition and implications of lawful money will continue to evolve, making it a topic worthy of ongoing discussion and analysis.
“法定货币”这一概念在金融和经济领域中至关重要。它指的是政府认可的用于偿还债务和财务义务的法定货币。在许多国家,这包括中央银行发行的硬币和纸币。“法定货币”的重要性不容小觑,因为它作为交易媒介、计量单位和价值储存手段。要理解“法定货币”的重要性,我们首先必须探讨其在日常交易中的作用。当个人参与商业活动时,他们依赖“法定货币”来促进商品和服务的交换。例如,当你在超市购买杂货时,你将“法定货币”交给收银员以换取食物。这一交易例证了“法定货币”作为交换媒介的运作,使人们能够进行交易而无需直接以物易物。此外,“法定货币”对于建立稳定的经济至关重要。一个国家的中央银行调节“法定货币”的供应,以维持经济稳定。如果印刷了过多的“法定货币”,可能会导致通货膨胀,从而降低购买力。相反,如果流通的“法定货币”过少,经济可能会遭受通货紧缩,导致价格下跌和经济活动停滞。因此,经济中“法定货币”的平衡对于维护金融健康至关重要。除了在交易中的功能外,“法定货币”在会计和财务报告中也发挥着关键作用。企业使用“法定货币”作为计量单位来衡量其财务表现。收入、费用、资产和负债都以“法定货币”表示,这使得财务报表具有一致性和可比性。这种标准化对于投资者、监管机构和其他利益相关者至关重要,他们依赖准确的财务信息做出明智的决策。此外,“法定货币”的定义在不同的司法管辖区可能有所不同。例如,在一些国家,加密货币如比特币不被视为“法定货币”,而在其他国家,它们可能获得某种形式的认可。这种差异突显了货币的不断演变性质以及监管框架需要适应新金融技术的必要性。随着数字货币的普及,围绕什么构成“法定货币”的讨论可能会加剧。总之,“法定货币”是现代经济的重要组成部分,充当交易媒介、计量单位和价值储存手段。中央银行对其的监管确保了经济稳定,而其在财务报告中的使用使企业保持透明。理解“法定货币”的概念对于任何参与金融系统的人来说都是至关重要的,无论是作为消费者、投资者还是企业所有者。随着我们在一个日益数字化的世界中前进,“法定货币”的定义和影响将继续演变,使其成为一个值得持续讨论和分析的话题。
相关单词