What is money?

 1. What is money?

  What is money?  There is a general opinion about its meaning that “Money is what money does.  ”(Money is what money does.”)

 Economically the meaning of money is given in this way.  “Money is what is accepted as a means of vinip, as well as a measure of value, a standard instrument of debt repayment, and a collector of value.  ”

2. The main functions of money (money ... primary functions) 

the four main functions of money. It acts as a medium of money exchange, a measure of value, a means of future payment and a collector of value.  That is why it is said that (Money is a matter of functions four, a medium, measure, a standard, a store.) Let us get a detailed explanation about all the functions. 

 (1) Function as a medium of exchange: 

Money acts as a medium for buying and selling goods and services.  The barter system or SATA system used to get the goods in exchange for the goods, but after the advent of money the difficulties in the SATA system were removed.  As a result, trade has grown exponentially as a means of exchanging money.  The function of money as a medium of exchange is to get money by selling goods or services and then the money received?  The service is purchased.  Acting as a medium of exchange makes economic transactions easier and faster.

  (2) The function of measuring value: 

Money acts as a measure of value.  The value of different items can be compared as the item value of one's need is expressed in money.  The barter system did not have a common measure of value.  However S.Y.S., Asi.1.1