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
See All Related Terms »
Monte Carlo method
American Psychological Association (APA):
Chicago Manual of Style (CMS):
Modern Language Association (MLA):