Money

A sample picture of a fictional ATM card. The largest part of the world's money exists only as accounting numbers which are transferred between financial computers. Various plastic cards and other devices give individual consumers the power to electronically transfer such money to and from their bank accounts, without the use of currency.

Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts in a particular country or socio-economic context. [1] [2] [3] 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 fulfills these functions can be considered as money.

Money is historically an emergent market phenomenon establishing a commodity money, but nearly all contemporary money systems are based on fiat money. [4] Fiat money, like any check or note of debt, is without use value as a physical commodity. It 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 boundaries of the country, for "all debts, public and private". [6]

The money supply of a country consists of currency (banknotes and coins) and, depending on the particular definition used, one or more types of bank money (the balances held in checking accounts, savings accounts, and other types of bank accounts). Bank money, which consists only of records (mostly computerized in modern banking), forms by far the largest part of broad money in developed countries. [7] [8] [9]

Etymology

The word "money" is believed to originate from a temple of Juno, on Capitoline, one of Rome's seven hills. In the ancient world Juno was often associated with money. The temple of Juno Moneta at Rome was the place where the mint of Ancient Rome was located. [10] The name "Juno" may derive from the Etruscan goddess Uni (which means "the one", "unique", "unit", "union", "united") and "Moneta" either from the Latin word "monere" (remind, warn, or instruct) or the Greek word "moneres" (alone, unique).

In the Western world, a prevalent term for coin-money has been specie, stemming from Latin in specie, meaning 'in kind'. [11]

Other Languages
Afrikaans: Geld
Alemannisch: Geld
አማርኛ: ገንዘብ
Аҧсшәа: Аҧара
العربية: مال
aragonés: Diners
অসমীয়া: মুদ্ৰা
asturianu: Dineru
Avañe'ẽ: Viru
Aymar aru: Qullqi
azərbaycanca: Pul
تۆرکجه: پول
Bahasa Banjar: Duit
Bân-lâm-gú: Chîⁿ
башҡортса: Аҡса
беларуская: Грошы
беларуская (тарашкевіца)‎: Грошы
български: Пари
Boarisch: Gejd
བོད་ཡིག: དངུལ་ལོར།
bosanski: Novac
brezhoneg: Arc'hant
буряад: Мүнгэн
català: Diner
Чӑвашла: Укçа
Cebuano: Kwarta
čeština: Peníze
chiShona: Mari
dansk: Penge
Deutsch: Geld
Diné bizaad: Béeso
eesti: Raha
Ελληνικά: Χρήμα
эрзянь: Ярмакт
español: Dinero
Esperanto: Mono
estremeñu: Dineru
euskara: Diru
فارسی: پول
Fiji Hindi: Paisa
Frysk: Jild
galego: Diñeiro
贛語:
客家語/Hak-kâ-ngî: Kîm-tshièn
한국어:
Հայերեն: Փող
hrvatski: Novac
Ido: Pekunio
Ilokano: Kuarta
Bahasa Indonesia: Uang
interlingua: Moneta
Iñupiak: Manik
isiXhosa: Imali
íslenska: Peningar
italiano: Denaro
Basa Jawa: Dhuwit
ಕನ್ನಡ: ಹಣ
къарачай-малкъар: Ачха
ქართული: ფული
қазақша: Ақша
Kinyarwanda: Ifaranga
Kiswahili: Pesa
Kreyòl ayisyen: Lajan
Kurdî: Pere
Кыргызча: Акча
ລາວ: ເງິນ
لۊری شومالی: پیل
Latina: Pecunia
latviešu: Nauda
Lëtzebuergesch: Geld
lietuvių: Pinigai
Ligure: Monæa
Limburgs: Geldj
lingála: Mbɔ́ngɔ
magyar: Pénz
मैथिली: मुद्रा
македонски: Пари
Malagasy: Vola
മലയാളം: പണം
مصرى: فلوس
Bahasa Melayu: Wang
Mìng-dĕ̤ng-ngṳ̄: Cièng
Mirandés: Denheiro
мокшень: Ярмакт
монгол: Мөнгө
မြန်မာဘာသာ: ငွေစက္ကူ
Nederlands: Geld
Nedersaksies: Gèld
नेपाली: मुद्रा
नेपाल भाषा: ध्यबा
日本語: 貨幣
нохчийн: Ахча
Nordfriisk: Jil
norsk: Penger
norsk nynorsk: Pengar
occitan: Moneda
oʻzbekcha/ўзбекча: Pul
ਪੰਜਾਬੀ: ਪੈਸਾ
پنجابی: پیسے
پښتو: پيسې
Patois: Moni
Piemontèis: Moneda
Tok Pisin: Mani
polski: Pieniądz
português: Dinheiro
Runa Simi: Rantina qullqi
русиньскый: Пінязї
русский: Деньги
саха тыла: Харчы
संस्कृतम्: धनम्
Scots: Siller
shqip: Paraja
sicilianu: Dinaru (sordi)
සිංහල: මුදල්
Simple English: Money
سنڌي: پيسا
slovenčina: Peniaze
slovenščina: Denar
Soomaaliga: Lacag
کوردی: پارە
српски / srpski: Новац
srpskohrvatski / српскохрватски: Novac
Basa Sunda: Duit
suomi: Raha
svenska: Pengar
Tagalog: Salapi
தமிழ்: பணம்
татарча/tatarça: Акча
తెలుగు: ధనం
ไทย: เงิน
тоҷикӣ: Пул
ᏣᎳᎩ: ᎠᏕᎳ
Türkçe: Para
тыва дыл: Акша
українська: Гроші
اردو: زر
vepsän kel’: Rahad
Tiếng Việt: Tiền
Võro: Raha
walon: Cwårs
文言: 泉幣
Winaray: Kwarta
Wolof: Koppar
吴语: 钞票
Xitsonga: Mali
ייִדיש: געלט
粵語:
Zazaki: Pere
žemaitėška: Pėnėngā
中文: 貨幣