| 词条 | LECOP |
| 释义 | {{Unreferenced stub|auto=yes|date=December 2009}}{{Argentine economic crisis}} The LECOP was a bond issued by Argentine national government. LECOP (sometimes written as a common word, Lecop), stands for Letra de Cancelación de Obligaciones Provinciales ("Letter of Cancellation of Provincial Obligations"). These bonds were circulated at a substantial discount from their face value, so anybody accepting was bound to experience devaluation (or inflation). While LECOPs were intended as a means to replace legal currency (Argentine pesos) at a time when cash was scarce, there were occasions in which LECOPs were not accepted as valid means of payment — most notably, most taxes could only be paid in pesos, or only partly paid in LECOPs. Public utility companies generally restricted the percentage acceptable to a 70-30 ratio, sometimes further limiting LECOP usage to 15% of the total bill. Other complementary currencies in Argentina at that time where the Crédito, the Patacón and the Argentino. {{DEFAULTSORT:Lecop}}{{Econ-hist-stub}}{{Argentina-gov-stub}}{{Exonumia-stub}} 2 : Currencies of Argentina|Bonds (finance) |
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