Movies Books Music Food Tv Shows Technology Politics Video Games Parenting Fashion Green Living more >

Money > Lists
Showing 1-7 of 7
“Midway through the year, I committed the cardinal sin and lent who I thought was a good friend $500. At the time, I had the money and she was in tears, her grandfather was dying
posted in Do It Yourself!
#4 of 8 from Life Lessons Learned in 2011 by
“Save Money... Buying pizza at a pizzeria can be expensive. Make your own and save a ton of cash.”
posted in Pizza Therapy
#3 of 10 from Top Ten Reasons Why You Should Make Pizza by
I like money. Money brings with it a sense of security and prosperity. Money buys happiness to some degree in that with money, you can bring your family to a nice
#2 of 25 from Featured Reviews by
“I gave Money a +5 rating in my first review of the year & you can read all about why I love it there. So, why do I hate it? I hate it when people use money as a weapon. Yes, a
posted in Inspirations
#1 of 7 from Some things I both LOVE & HATE by
“As with time, spending it I had and guess what, it's now in short supply. In essence, we may think too much about making money & too little about how to spend it wisely. Our
posted in Inspirations
#3 of 5 from My New Year's Resolutions...A Serious List! by
“I know everyone likes money, but I mean come on Halloween isn't supposed to be about all that stuff.. Just stick with candy :D”
#1 of 5 from Top 5 Worst things to get for Halloween! by
About this business


Money is anything that is generally accepted as payment for goods and services and repayment of debts. The main functions of money are distinguished as: a medium of exchange, a unit of account, a store of value, and occasionally, a standard of deferred payment.

Money originated as commodity money, then evolved to easier-to-transport representative money, in which a certificate stands for a fixed quantity of a commodity. However, nearly all contemporary money systems at the national level are fiat money systems. Fiat money is without value as a physical commodity, and derives its value by being declared by a government to be legal tender; that is, it must be accepted as a form of payment within the national boundaries of the country, for "all debts, public and private". By law, the refusal of a legal tender (offering) extinguishes the debt in the same way acceptance does.

The money supply of a country is usually held to consist of currency (banknotes and coins) and demand deposits or 'bank money' (the balance held in checking accounts and savings accounts). These demand deposits usually account for a much larger part of the money supply than currency. Bank money is intangible and exists only in the form of various bank records. Despite being intangible, bank money still performs the basic functions of money, as checks are generally accepted as a form of payment and as a means of transferring ownership of deposit money.
view wiki


First to Review

"The Color of Money"
Polls with this business
Ageing (Aging)

The Underlying Force


Related Topics

A payment exacted by legislative authority.


The devaluation of money.

Bank Crisis

A systemic risk in the banking system

© 2014 Lunch.com, LLC All Rights Reserved
Lunch.com - Relevant reviews by real people.
This is you!
Ranked #
Last login
Member since