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[1] The primary functions which distinguish money are: medium of exchange, a unit of account, a store of value and sometimes, a standard of deferred payment. Here's What It Means for Your Wallet. money, a commodity accepted by general consent as a medium of economic exchange. Some of the earliest currencies were objects from nature. Dozens of companies are poised to raise their dividends over the next few months once the quarterly earnings season gets underway. MSN Money is your source for the latest stock market quotes, business, economic & financial news, as well as premium research tools to empower your investing journey 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. Nov 3, 2025 ยท Explore what money is, how it gains value, its historical evolution, and the types of money that define economies today. Paper money seems so flimsy and worthless compared to copper axeheads: Copper Axe Money, Mexico, 1200-1550 AD. . Frequently Asked Questions About money.
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