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Money

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Definition of 'Money'

1. A commodity or asset, such as gold, an officially issued currency, coin or paper note, that can be legally exchanged for something equivalent, such as goods or services.

2. As defined by common law: a medium of exchange that is authorized or adopted by a domestic or foreign government and includes a monetary unit of account established by an intergovernmental organization or by agreement between two or more nations.
Investopedia Says

Investopedia explains 'Money'

Also know as moola, dinero, bread or cash.

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