money

Also known as cash, dough, monies, moolah, simoleon

thumb|upright=1.5|Euro [[banknotes and coins]]

AI overview

Money is a medium of exchange that people use to buy and sell goods and services instead of bartering directly with one another. It matters because it enables commerce and economic activity by providing a standard, widely-accepted way to measure value and complete transactions.

AI-generated from the Wikipedia summary — may contain errors.

Wikidata facts

Image: Euro coins and banknotes.jpg

Show 3 more facts

Commons category: Money
Commons gallery: Money
P8168: postmark

Sources (3)

via Wikidata · CC0

~37 min read

Article

30 sections

Contents

Etymology
History
Functions
Medium of exchange
Measure of value
Standard of deferred payment
Store of value
Properties
Money supply
Creation of money
Market liquidity
Types
Commodity
Representative
Fiat
Demurrage
Coinage
Paper
Commercial bank
Digital or electronic
Monetary policy
Locality
Financial crimes
Counterfeiting
Money laundering
See also
Notes
References
Further reading
External links

thumb|upright=1.5|Euro [[banknotes and coins]]

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 primary functions which distinguish money are: medium of exchange, a unit of account, a store of value and sometimes, a standard of deferred payment.