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Last Activity: | 1 Months Ago |
Group Leader: | kitty1234 |
Moderators: | None |
Submissions: | Open |
Group Visitors: | 7,154 |
Founded: | May 7th, 2013 |
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Group Details
Money is any object or record that is generally accepted as payment for goods and services and repayment of debts in a given socio-economic context or country.[1][2][3] The main functions of money are distinguished as: a medium of exchange; a unit of account; a store of value; and, occasionally in the past, a standard of deferred payment.[4][5] Any kind of object or secure verifiable record that fulfills these functions can be considered money.