What is Private Currency?

what is Private currency ?-Definition of all finance terms

Definition of Private Currency

Private currency is one kind of a currency which is issued by a private firm or entity in which there is a change in a market value of that currency. There are so many countries in the world where the issuance of this private currency has been restricted by law.

Breif Explanation of Private Currency

It is one of a way to create a profit by issuing of different currency with the different market value. This kind of trade exchanges playing an important role in a different economy of a country. A private currency can be more secure by  an aware guarantor of a private currency.

 

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