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# Money's Worth

## Definition

The actual goods and services that money can purchase, as opposed to the money itself. This concept emphasizes that what borrowers truly need is not currency but the productive capacity and consumable goods that currency represents.

## Source Chapter

Book II, Chapter 4

## Context

Smith introduces this concept to explain that loans are fundamentally about transferring access to the annual produce of land and labour, not merely transferring pieces of money. This distinction is crucial for understanding the real economic function of lending.

## Economic Domain

Exchange

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