Standard of deferred payment
What Standard of deferred payment means in Economics GCSE, as defined for AQA.
Definition of Standard of deferred payment
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Reference: AQA
A function of money enabling borrowing and lending by allowing debts to be recorded and settled in the future.
Topics that use Standard of deferred payment
- The role of money (AQA GCSE)
Related terms
Using Standard of deferred payment in the exam
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