MONEY
Money
Money is any object or record that is generally accepted as payment for goods and services and repayment of debts in a given socio-economic context or country. The main functions of money are distinguished as: a medium of exchange; a unit of account; a store of value; and, occasionally in the past, a standard of deferred payment. Any kind of object or secure verifiable record that fulfills these functions can be considered money.The above text is a snippet from Wikipedia: Money
and as such is available under the Creative Commons Attribution/Share-Alike License.
money
Noun
- A legally or socially binding conceptual contract of entitlement to wealth, void of intrinsic value, payable for all debts and taxes, and regulated in supply.
- A generally accepted means of exchange and measure of value.
- A currency maintained by a state or other entity which can guarantee its value (such as a monetary union).
- Hard cash in the form of banknotes and coins, as opposed to cheques/checks, credit cards, or credit more generally.
- The total value of liquid assets available for an individual or other economic unit, such as cash and bank deposits.
- Wealth.
- An item of value between two parties used for the exchange of goods or services.
- A person who funds an operation.
- Of or pertaining to money; monetary.
The above text is a snippet from Wiktionary: money
and as such is available under the Creative Commons Attribution/Share-Alike License.