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. . . currency accepted as payment for goods and services; a medium of exchange within an economy; legal tender. Most paper money and coins around the world have worth backed by an issuing government. Currencies compete for value based on economic conditions within countries Inflation erodes the value of money. An article online titled What Is Money? / Part 14: Money and Uncertainty acknowledges Ludwig Von Mises for his indication that . . . money as the most marketable commodity (source of quote).

Wikipedia has articles that define commodity money as well as money.

related: wealth; value; financial; capital; coinage; types of money; legal tender

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. . . money as a medium of exchange, such as that in circulation in the form of paper or coins. A Wikipedia article discusses various types of money, for example, fiat money, which has worth . . . not derived from any intrinsic value or guarantee that it can be converted into a valuable commodity (such as gold)source of quote.


. . . the making of monetary coins, especially, as metal currency of standardized weight. Coinage refers to a system of using coins made of hard material . . . produced in large quantities in order to facilitate trade, and is used primarily as a medium of exchange or legal tender (source of quote). A Wikipedia article about money indicates that a coin is a commodity item (commodity money). currency


FYI: definition of money definition of coinage what is a coin definition of coin definition of currency define paper money definition of monies define currencies define legal tender what does inflation do to money value define commodity money definition of money value is money financial capital define money as financial capital define fiat currency


Economic Development Services, Inc. / copyrights and all rights reserved / 05/23/2013