convention money

简明释义

同本位货币［两国以上协定发行的］

英英释义

例句

1.The organizers distributed convention money to all participants to cover their travel expenses.

组织者向所有参与者发放了会议资金以支付他们的差旅费用。

2.Sponsors often provide convention money to enhance the attendee experience.

赞助商通常提供会议资金以提升与会者的体验。

3.The convention money can be redeemed for food and drinks during the event.

在活动期间，会议资金可以用来兑换食品和饮料。

4.Each delegate received convention money as part of their registration package.

每位代表在注册包中收到了会议资金。

5.Attendees can use convention money at various booths for purchasing merchandise.

与会者可以在不同的展位上使用会议资金购买商品。

作文

In the world of finance and economics, various terms are used to describe different forms of currency and their implications. One such term is convention money, which refers to a type of currency that is accepted within specific conventions or agreements among parties. It is not necessarily backed by physical assets like gold or silver, but rather derives its value from the trust and agreement of the parties involved. This concept is crucial for understanding how modern economies function, especially in contexts where traditional forms of money may not be as effective.The idea of convention money can be traced back to historical practices where communities would agree on certain items or tokens as a medium of exchange. For example, in ancient societies, goods such as salt or livestock were often used as currency based on mutual agreement. Over time, these practices evolved into more complex systems, leading to the establishment of fiat money, which is essentially convention money issued by governments.In contemporary society, convention money plays a significant role in international trade and finance. When countries engage in trade, they often use currencies that are widely accepted, such as the US dollar or the euro. These currencies have become convention money because they are recognized and trusted by multiple nations, facilitating smoother transactions. The reliance on convention money highlights the importance of trust in economic relationships, as the value of such money is largely determined by public confidence rather than intrinsic worth.Moreover, the concept of convention money extends beyond traditional currencies. In recent years, cryptocurrencies have emerged as a new form of convention money. Digital currencies like Bitcoin operate on decentralized networks and rely on blockchain technology, which ensures transparency and security. While they are not universally accepted, their growing popularity indicates a shift in how people perceive and utilize money. As more individuals and businesses adopt cryptocurrencies, they may become a new standard of convention money, challenging the dominance of traditional fiat currencies.Understanding convention money is essential for anyone looking to navigate the complexities of today's financial landscape. It emphasizes the significance of social contracts and mutual agreements in establishing value. Additionally, it raises important questions about the future of money as technology continues to evolve. Will traditional forms of convention money maintain their relevance, or will new systems emerge that redefine our understanding of currency?In conclusion, convention money serves as a fundamental concept in the realm of economics and finance. It illustrates how value is created through collective agreement and trust among individuals and entities. As we move forward in an increasingly digital world, the evolution of convention money will undoubtedly shape the way we conduct transactions and interact with one another economically. Understanding this term is vital for grasping the underlying principles of our monetary system and preparing for the future of financial exchanges.

在金融和经济的世界中，使用各种术语来描述不同形式的货币及其含义。其中一个术语是约定货币，指的是在特定的约定或协议中被接受的一种货币。它不一定由黄金或白银等实物资产支持，而是源于相关各方的信任和协议。这个概念对于理解现代经济的运作至关重要，尤其是在传统货币可能不那么有效的情况下。约定货币的概念可以追溯到历史上社区就某些物品或代币达成共识作为交换媒介的做法。例如，在古代社会，盐或牲畜等商品常常被用作货币，这基于相互的协议。随着时间的推移，这些做法演变为更复杂的系统，导致法定货币的建立，法定货币本质上就是由政府发行的约定货币。在当代社会，约定货币在国际贸易和金融中发挥着重要作用。当国家进行贸易时，它们通常使用广泛接受的货币，如美元或欧元。这些货币之所以成为约定货币，是因为它们被多个国家认可和信任，从而促进了更顺畅的交易。对约定货币的依赖突显了信任在经济关系中的重要性，因为这种货币的价值主要取决于公众信心，而非内在价值。此外，约定货币的概念超越了传统货币。近年来，加密货币作为一种新的约定货币形式出现。像比特币这样的数字货币在去中心化网络上运行，并依赖区块链技术，确保透明性和安全性。虽然它们并未被普遍接受，但其日益增长的受欢迎程度表明人们对货币的看法和利用方式正在发生变化。随着越来越多的个人和企业采用加密货币，它们可能会成为新的约定货币标准，挑战传统法定货币的主导地位。理解约定货币对于任何希望驾驭当今金融环境复杂性的人来说都是至关重要的。它强调了社会契约和相互协议在建立价值方面的重要性。此外，它提出了关于货币未来的重要问题，因为技术持续发展。传统形式的约定货币是否会保持其相关性，或者会不会出现重新定义我们对货币理解的新系统？总之，约定货币在经济和金融领域中是一个基本概念。它说明了价值是如何通过个体和实体之间的集体协议和信任而创造的。随着我们在日益数字化的世界中前进，约定货币的演变无疑将塑造我们进行交易和经济互动的方式。理解这个术语对于掌握我们货币体系的基本原则以及为未来的金融交流做好准备至关重要。