Definition, Meaning & Synonyms
store-of-value
noun
/stɔːr əv ˈvælju/
Definition
A store of value is an asset that maintains its value over time and can be used to transfer purchasing power from the present to the future.
Examples
- Gold is often considered a strong store of value due to its scarcity and demand.
- Many investors rely on real estate as a store of value during economic downturns.
- Some cryptocurrencies are viewed as digital stores of value.
Meaning
The term refers to any asset that can reliably be saved, retrieved, and exchanged in the future without losing value. It is often used in economics to describe currencies or commodities that hold their worth.
Synonyms
- Asset
- Reserve
- Wealth
- Value holder