Worn currency are worn out currency bills. They can be torn, damaged or simply be in bad condition. Banks are to accept these bills, exchange them for the proper ones for the clients. Bills themselves are getting exchanged as well.
Wealth effect is a theory that when traders see high prices for the assets and when they tend to win, the spend more and more money for trading, supporting high prices for the assets.
Word-of-mouth marketing is basically a free ad service that goes from consumer to consumer on daily basis just by talking. How does it work? A consumer talks about a service or goods every day, thus lifting the level of interest towards said goods and services in other.
Weak dollar is a situation when the greenback loses value when compared against the basket of its six major rivals. To put is simpler it means that dollar can be bought for the lower price in the foreign currency. Weal dollar can be triggered by both – political and economic factors.
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