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Definition
| A MONEYLESS ECONOMY THAT RELIES ON TRADE. |
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Term
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Definition
| CAN BE THE ANY SUBSTANCE THAT SERVES AS A MEDIUM OF EXCHANGE, A MEASURE OF VALUE, AND A STORE OF VALUE. |
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Term
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Definition
| MONEY OR OTHER SUBSTANCE GENERALLY ACCEPTED IN EXCHANGE; ONE OF THE THREE FUNCTIONS OF MONEY. |
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Term
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Definition
| ONE OF THE THREE FUNCTIONS OF MONEY THAT ALLOWS IT TO SERVE AS A COMMON DENOMINATOR TO MEASURE VALUE. |
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Term
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Definition
| THE PROPERTY THAT ALLOWS PURCHASING POWER TO BE SAVED UNTIL NEEDED. |
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Term
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Definition
| MONEY THAT HAS AN ALTERNATIVE USE AS AN ECONOMIC GOOD, OR COMMODITY. |
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Term
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Definition
| MONEY BY THE GOVERNMENT DECREE; HAS NO ALTERNATIVE VALUE OR USE AS A COMMODITY |
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Term
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Definition
MONEY IN THE FORM OF COINS MADE FROM SLIVER OR GOLD.
( ALSO USED IN THE COLONIES ) |
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Term
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Definition
| STANDARD UNIT OF CURRENCY, IN THE U.S. MONEY SYSTEM. |
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Term
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Definition
| THE MECHANISM DESIGNED TO KEEP MONEY SUPPLY PORTABLE, DURABLE, DIVISIBLE, AND LIMITED IN SUPPLY- HELPS WITH IS TASK. |
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