Abstinence theory, developed by Nassau and later expanded upon by Eugen 's productivity theory, argued that interest was a reward for saving money (in an interest-earning bank account) rather than spending it on commodities.
discount rate : the investor-specific reward for abstinence or patience or delaying consumption sought by the investor.
DEBTAHOLIC - A borrower who cannot handle debt except by complete abstinence.
DEBTEE - a creditor, one who lends money.
DEBTHOLDER - See: Bondholder ...
Français (French)
n. - abstention, abstinence
Deutsch (German)
n. - Enthaltung, Stimmenthaltung ...
A borrower who cannot handle debt except by complete abstinence. See Are Credit Problems Cured by the Passage of Time?
Debt consolidation ...
"My experience through life has convinced me that, while moderation and temperance in all things are commendable and beneficial, abstinence from spirituous liquors is the best safeguard of morals and health."
-- Robert E. Lee
Event Calender ...
While many people view a vacation as a welcome release from responsibility, an active workaholic who is not working is similar to an active alcoholic who is not drinking. Artificial abstinence is not a cure.
 See also: Saving, Values, Contagion, Expense, Time horizon
  
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