commodity money
wordnet sense
Web Definitions:
- Commodity money is money whose value comes from a commodity out of which it is made. It is objects that have value in themselves as well as for use as money.
- Money that takes the form of a commodity with intrinsic value common resources goods that are rival but not excludable.
- Precious metals or other items with intrinsic value that are used as money.
- A commodity used as a medium of exchange, such as gold.