The ability to exchange money for gold or other currencies.

货币转换为黄金或其他币种的能力。

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AT the bank, you will learn how to exchange money, fill out a form, use an ATM machine and converse with a bank teller.

在银行里面，你将更了解如何兑换货币、填表格、使用自动提款机等银行相关对话。

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Mainly, it is the confidencepeople have that they will be able to exchange such money for other financialassets and for real goods and services whenever they choose to do so.

这主要还是因为，人们认为他们拿到这些钱之后，不管什么时候都能去买金融资产和真实的商品和服务。

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This left even less gold and silver to exchange for the huge amounts of paper money the banks had issued.

VOA: special.2009.01.01

In exchange, they voted to use federal money to help build the railroad.

VOA: special.2010.02.25

The banks stopped honoring their promises to exchange their paper money for gold.

VOA: special.2009.01.01

But let me tell you, you can't just be talking more money, more money, without also talking about how are we going to reform and make the system better. (Applause.) There's got to be a reform agenda in exchange for the money. (Applause.) There's got to be a reform agenda in exchange for the money.

WHITEHOUSE: Town Hall in Los Angeles

Rather than being a safe place to keep money, the exchange rate of Bitcoins relative to other global currencies has fluctuated wildly.

CNN: Don't get bitten by Bitcoins

And how long will Asian countries continue to spend money building up foreign-exchange reserves that earn next to nothing and carry the risk of currency losses, rather than use the money to invest in their own region, which seems set to grow an awful lot in coming years.

ECONOMIST: Buttonwood: Dollar dilemma | The