GTA Online. Source: imgur subscribe for more Money is any object or verifiable record that is generally accepted as payment for goods and services and repayment
Home Original Content Funny Pictures Funny GIFs YouTube Funny Text Funny Movies Channels Search

GTA Online

Source: imgur
subscribe for more

Money is any object 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, occasionally in the past, a standard of deferred payment.[4][5] Any kind of object or verifiable record that fulfills these functions can be considered 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 intrinsic 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".[citationneeded] Such laws in practice cause fiat money to acquire the value of any of the goods and services that it may be traded for within the nation that issues it.

The money supply of a country consists of currency (banknotes and coins) and usually includes bank money (the balance held in checking accounts and savings 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.[6][7][8]
Etymology
The word "money" is believed to originate from a temple of Hera, located on Capitoline, one of Rome's seven hills. In the ancient world Hera was often associated with money. The temple of Juno Moneta at Rome was the place where the mint of Ancient Rome was located.[9] 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, money can be used to purchase goods and or serveries

someone on ETA: Online complains that they tront have
WHY mm POOR
Buv mom
...
+20
Views: 3346
Favorited: 0
Submitted: 05/18/2014
Share On Facebook
Add to favorites Subscribe to mudkipfucker Subscribe to grand-theft-auto E-mail to friend submit to reddit
Share image on facebook Share on StumbleUpon Share on Tumblr Share on Pinterest Share on Google Plus E-mail to friend

Show All Replies Show Shortcuts
Show:   Top Rated Controversial Best Lowest Rated Newest Per page:
Order:
What do you think? Give us your opinion. Anonymous comments allowed.
User avatar #1 - primalmachine (05/18/2014) [-]
"In the Western world, money can be used to purchase goods and or serveries."
Only in the western world, the best world.
 Friends (0)