Anything that serves the three basic purposes of money: medium of exchange; store of value; unit of account. In modern economies, a currency issued by an agency of government. As an adjective, "money" refers to the value of something Denominated in the prevailing currency and not corrected for inflation; contrasts with real.
Browse by Subjects
freight costs
borrowing power
negative carry
client account
See All Related Terms »

M2 money supply
Corn/Hog ratio
bimetallic standard
depreciable life
time and sales