definition
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.
definition
A generally accepted means of exchange and measure of value.
example
Before colonial times cowry shells imported from Mauritius were used as money in Western Africa.
definition
A currency maintained by a state or other entity which can guarantee its value (such as a monetary union).
example
money supply; money market
definition
Hard cash in the form of banknotes and coins, as opposed to cheques/checks, credit cards, or credit more generally.
definition
The total value of liquid assets available for an individual or other economic unit, such as cash and bank deposits.
definition
Wealth; a person, family or class that possesses wealth
example
He married money.
definition
An item of value between two or more parties used for the exchange of goods or services.
definition
A person who funds an operation.