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Because money acts as a store of value, it can be used as a standard for future payments. When you borrow money, for example, you typically sign a contract pledging to make a series of future payments to settle the debt. These payments will be made using money, because money acts as a store of value. Money is not a risk-free store of value ...

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May 2, 2024 · A gift tax is a tax that can be imposed on the transfer of money or property from one person to another. If you give more than the annual gift tax limit, you may have to file a gift tax return ...

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