Definition of Interior movement of money

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TeachMeFinance.com - explain Interior movement of money




historic definition...

Interior movement of money -- This term as used in New York means the movement or flow of money from New York to other domestic points (but not wholly interior points ; seaboard points are included) and the flow from other domestic points to New York. When it is said that the interior movement of money is in favor of New York it is meant that more money is coming to New York than is going from New York. Likewise, when it is said that the interior movement of money is against New York it is meant that more money is going from New York than is coming to New York.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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