the ability to store wealth or purchasing power for future use
(see Money supply) the total of all the money held by all persons and organizations in a country at a particular time; the whole of a country’s existing stock (or supply) of money to hold as a liquid asset
“I owe you” – a piece of paper saying that one owes a certain amount of money to someone, signed and dated, forming a simple acknowledgement of a debt
money that has value as a commodity as well as in its role as money, such as precious metals, cows, tobacco, or other tangible goods
money in the form of coins and notes
a plastic card which is used instead of money to pay for goods and services. The cost is charged to one’s account and paid later
a special printed form filled in a signed by a person (the drawer) asking a bank (the drawee) to pay a sum of money to someone (the payee)
a small plastic card with a memory chip
the system of exchanging goods for other goods rather than for money
any form of money which by law must be accepted when offered in payment
the total of all the money held by all persons and organizations in a country at a particular time; the whole of a country’s existing stock (or supply) of money to hold as a liquid asset
a measure of value and a standard of comparing values of different goods and services
any article which is widely used because it forms a convenient and commonly acceptable means of payment when goods are exchanged, bought and sold
1) any kind of money that is in general use as cash, passing from person to person, such as coins and banknotes, 2)the money of a particular country
paper money or coins of little or no intrinsic (material) value in themselves, that is, accepted as money only because the government declares it to be money
a plastic card which is used instead of money or a cheque to pay for goods and services. The cost is taken directly from the user’s bank account. Debit cards can also be used to obtain money from cash dispensers
a bank account which usually earns little or no interest and from which money can be taken out at any time by cheque
the easy and speed with which an asset can be converted into a medium of exchange
the fact that payments to be made in the future are usually specified in terms of money