Money is a medium of exchange that is widely accepted in payment for goods and services. It serves as a store of value and a unit of account. Money facilitates transactions by eliminating the need for barter, which is the direct exchange of one good or service for another.
The most common forms of money today are physical currency, such as paper bills and coins, and digital currency, such as electronic funds transferred through bank accounts. Money can also take the form of assets, such as stocks and bonds, which can be traded for goods and services.
What's Your Reaction?
Amused
0
Excited
0
Fulfilled
0
Not Sure
0