Question:

At what amount does money become "Paper"?

by  |  earlier

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I mean some people call it paper. Wealthy people.

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6 ANSWERS


  1. in the uk? at £5!


  2. when you go to a stationary shop and give them your money and ask for paper and they give it to you :D

  3. money tied up in houses is paper, its worth nothing until you actually have it in your hand. not sure what your question is about though??

  4. Paper doesn't usually mean money.

    It's an informal term for short term debt (e.g.bond) securities as in "commercial paper", "fine paper" etc.  

  5. When you live in Zimbabwe.  

  6. Money becomes paper, when you buy something with money,and then hold on to it,so that it isn't liquid anymore. You now have an assets,which are not transferable,until you cash it out. Tagger

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