Question

difinition of money in 30 words​

Answer 1

Answer:

Definition of money

Money is a medium of exchange for goods or services within an economy. ... Some money is fiat money, meaning that it has no intrinsic value. That is, the paper or metal used to create the money is not worth very much in terms of its value as a raw material.

Answer 2

Answer:

Hope it will help you

Explanation:

Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts, such as taxes, in a particular country or socio-economic context.The main functions of money are distinguished as: a medium of exchange, a unit of account, a store of value and sometimes, a standard of deferred payment.[4][5] Any item or verifiable record that fulfils these functions can be considered as money.