Money

in #money7 years ago

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Money is a commonly accepted means of exchange. The exchange instrument can be any object that can be accepted by everyone in the community in the process of exchange of goods and services. In modern economics, money is defined as something available and is generally accepted as a means of payment for the purchase of goods and services and other valuable property and for repayment of debt. Some experts also mention the function of money as a means of delaying payment. In conclusion, money is an object generally accepted by society to measure value, exchange, and make payments on the purchase of goods and services.