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What is the Money?

Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts, such as taxes, in a particular country or socio-economic context. The main functions of money are distinguished as: a medium of exchange, a unit of account, a store of value and sometimes, a standard of deferred payment. Any item or verifiable record that fulfils these functions can be considered as money. Money is historically an emergent market phenomenon establishing a commodity money, but nearly all contemporary money systems are based on fiat money. Fiat money, like any check or note of debt, is without use value as a physical commodity. It derives its value by being declared by a government to be legal tender; that is, it must be accepted as a form of payment within the boundaries of the country, for "all debts, public and private". Counterfeit money can cause good money to lose its value. The money supply of a country consists of currency (banknotes and coins) and, depending on the particular definition used, one or more types of bank money (the balances held in checking accounts, savings accounts, and other types of bank accounts). Bank money, which consists only of records (mostly computerized in modern banking), forms by far the largest part of broad money in developed countries...

@MunaRahimah: If you dont have money, dont hire people to do your work pls. Kesian aku tengok. Buat kerja teruk teruk, sanggup travel s…

sarahaeyo (SarahIzzatiG)

My money management use to be amazing now i spend like a child

Abuti 5K has Landed 😭🔥🤾🏾‍♂️ (ThatoRampedi)

@xeesoxes I- I don't have the money yet for that but hopefully you'll like this one regardless. It's an early editi…

+ (aya_shalkar_)

@kamapon Actually... Everything? I don't want to make an account without knowing about it. I eant to know especiall…

❄🎁🎄 Cold Season Fiolara 🎄🎁❄ (sparklinFiolara)

@Biisi96: Lmaoyou people that have put your boyfriends inside pressure cooker. They said the 100 level student that bought Benz for his…

Cedric (shedrachidegwu)

@clairenelson: This is a photography internship for fashion powerhouses Mert and Marcus. Six months of 45-hour weeks for no money. This…

Internships (ifindinternship)

@_seasic: my mental the amount health of money in my…

thats pretty neat (kvmchi)

They aren’t daft. It’s all part of their plan. How else will they fund elections if they don’t chop subsidy money?

Akondu (DavidAkondu)

@mitty3c Hhh one of these days I have to see if I can throw money your way to draw my duck if you'd be willing to do it-

Benjiboi (Benjiboimain)

@Joohoneyland: Being multifandom doesn't reduce your love or loyalty for one group, it only reduces your money.

タッキ➡Ramuda return my calls (5h1take)

@MLiebreich: Cyclists Spend 40% More In London's Shops Than Motorists. I'm feeling quite vindicated. For a few years I was a lone voic…

Christiaan Jacobs 🐰 (CEJJacobs)

@JoeyDG54: I'm tired of seeing non conservative women on this site. This is the ideal way I want a proper woman to dress and live: -Bla…

emma (EmmaMastny)

@_crispamplona: so much things i wanna buy but so little money 😪

Tiff💋 (Tiffy_Marieee)

You must train your intuition — you must trust the small voice inside you which tells you exactly what to say, what to decide. (Ingrid Bergman)