What is money?

Anything of value that serves as a (1) generally accepted medium of financial exchange, (2) legal ...

	Wednesday, January 28, 2015 money   Term of the Day money Anything of value that serves as a (1) generally accepted medium of financial exchange, (2) legal tender for repayment of debt, (3) standard of value, (4) unit of accounting measure, and (5) means to save or store purchasing power. See also cash. Learn more about this term Usage Example They may be willing to loan you money or buy into an equity stake in your firm if they believe in the idea.   Featured Article What's the Best Small Business to Start? Most budding entrepreneurs realize that you can never make it big working for someone else. Working from paycheck to paycheck and waiting for retirement ... Read this article   Voice Your Opinion What would be the coolest kind of business to own?   Take us with you! Download the BusinessDictionary app today.
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