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 1. A commodity or asset, such as gold, an officially issued currency, coin, or paper note, that can be legally exchanged for something equivalent, such as goods or services. 2. As defined by common law: a medium of exchange authorized or adopted by a domestic or foreign government and includes a monetary unit of account established by an intergovernmental organization or by agreement between two or more nations. |
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 Also know as Moola, Dinero, Bread, or Cash. |
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 Understanding The Time Value Of Money - Find out why time really is money by learning to calculate present and future value. What Is Money? - It's a part of everyone's life, and we all want it, but do you know how it gains value and how it is created? |
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