Business, Legal & Accounting Glossary
In general, money is anything that is used as a means of payment.
In common usage, money is usually used to refer to notes that are printed or coins that are minted by a national government (or supranational entity in the case of the European Union), and which can be used to buy or sell goods.
In modern times, money also refers to deposits in bank accounts.
In the past, coffee, cocoa, seashells, and gold were all used as money.
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
Definitions for Money are sourced/syndicated and enhanced from:
This glossary post was last updated: 22nd November, 2021 | 21 Views.