price of money

noun

The rate of discount in lending or borrowing capital.

Meanings

noun
  1. businessThe rate of discount in lending or borrowing capital.

    Apart from the fact that interest is not the price of money but the price of credit, that is, for borrowing money, it looks like Choudhury only wants to accept money as a means of exchange and a numeraire, not as an asset in its own right.

    2009, Hans Visser, Islamic Finance: Principles and Practice, page 25
Cite this entry
APA

price of money. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/price%20of%20money

MLA

“price of money.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/price%20of%20money. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “price of money,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/price%20of%20money.

Source: price of money on Wiktionary, CC BY-SA 4.0.