 | John Roscoe Turner - Economics - 1919 - 678 pages
...discharge of debts, being accepted -without reference to the character or credit of the person offering it, and without the intention of the person who receives it to consume it otherwise than in tendering it to others. 5. The Definition Explained. — The long definition just... | |
 | Alfred Korzybski - Ethnology - 1921 - 296 pages
...Industry) defines money as follows: "Money is that which passes freely from hand to hand throughout the community in final discharge of debts and full...intention of the person who receives it to consume it, or to enjoy it, or apply it to any other use than, in turn, to tender it to others in discharge of debts... | |
 | Herbert Albert Silverman - Economics - 1922 - 396 pages
...which passes freely from hand to hand in full payment for goods, in final discharge of indebtedness, being accepted equally without reference to the character or credit of the person tendering it, and without the intention on the part of the person receiving it, himself to consume... | |
 | William Jayne Weston - Banks and banking - 1922 - 356 pages
...satisfactory definition of lawful money as that which passes freely from owner to owner throughout the community, in final discharge of debts and full payment for commodities lays stress upon this primary function of being a readily acceptable pledge. The other functions are... | |
 | Law reports, digests, etc - 1923 - 640 pages
...passes freely from hand to hand throughout the community in final discharge of debts and full payment of commodities, being accepted equally without reference...intention of the person who receives it to consume it or apply it to any other use than in turn tc tender it to others in discharge of debts or payment for... | |
 | United States. Congress. House. Banking and Currency Committee - 1938 - 594 pages
...discharge of debts, being accepted without reference to the character or credit of the person offering it, and without the intention of the person who receives it to consume it otherwise than in tendering it to others." Suppose we did not have money. If you had wheat to spare... | |
 | William Frederick Barry - Law reports, digests, etc - 1899 - 586 pages
...Walker in " Money, Trade, and Industry " as " that which passes freely from hand to hand throughout the community in final discharge of debts and full...intention of the person who receives it to consume it or apply it to any other use than in turn to tender it to others in discharge of debts or payment for... | |
 | John Rogers Commons - Business & Economics - 688 pages
...MacLeod's definition. Walker had defined money as "that which passes freely from hand to hand throughout the community in final discharge of debts and full payment for commodities." 83 But Sidgwick changes Walker's term, "from hand to hand," making it read, "from owner to owner,"... | |
 | International Monetary Fund - Business & Economics - 2005 - 1018 pages
...indicated, for something to constitute money, it must confer final discharge so as to be accepted in payment "without reference to the character or credit of the person who offers it ... ."33 Effectively, this means that to be by itself money, a payment mechanism must confer absolute... | |
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that which passes freely from hand to hand throughout the community in final discharge of debts and full payment for commodities, being accepted equally without reference to the character or credit of the person who offers it and without the intention... 
