Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts , such as taxes , in a particular country or socio-economic context. The primary functions which distinguish money are: medium of exchange , a unit of account , a store of value and sometimes, a standard of deferred payment .
Money was historically an emergent market phenomenon that possessed intrinsic value as a commodity ; nearly all contemporary money systems are based on unbacked fiat money without use value . Its value is consequently derived by social convention, having been declared by a government or regulatory entity 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", in the case of the United States dollar .
The money supply of a country comprises all currency in circulation (banknotes and coins currently issued) and, depending on the particular definition used, one or more types of bank money (the balances held in checking accounts , savings accounts , and other types of bank accounts ). Bank money, whose value exists on the books of financial institutions and can be converted into physical notes or used for cashless payment , forms by far the largest part of broad money in developed countries. (Full article... )
Currency stacked in the game's "bank"
Monopoly money (symbol : ₩ ) is a type of play money used in the board game Monopoly . It is different from most currencies , including the American currency or British currency upon which it is based, in that it is smaller, one-sided, and does not have different imagery for each denomination. (Full article... )
The Columbian half dollar is a coin issued by the Bureau of the Mint in 1892 and 1893. The first traditional United States commemorative coin , it was issued both to raise funds for the 1893 World's Columbian Exposition and to mark the quadricentennial of the first voyage to the Americas of Christopher Columbus , whose portrait it bears. The Columbian half dollar was the first American coin to depict a historical person.
The coin stems from the desire of the Columbian Exposition's organizers to gain federal money to complete construction of the fair. Congress granted an appropriation, and allowed it to be in the form of commemorative half dollars, which legislators and organizers believed could be sold at a premium. Fair official James Ellsworth wanted the new coin to be based on a 16th-century painting he owned by Lorenzo Lotto , reputedly of Columbus, and pushed for this through the design process. When initial sketches by Mint Chief Engraver Charles E. Barber proved unsatisfactory, fair organizers turned to a design by artist Olin Levi Warner , which after modification by Barber and his assistant, George T. Morgan , was struck by the Mint. (Full article... )
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The following are images from various currency-related articles on Wikipedia.
Image 1 A person counts a bundle of different
Swedish banknotes. (from
Money )
Image 2 Song Dynasty
Jiaozi , the world's earliest paper money (from
Money )
Image 3 Tibetan undated silver tangka (2nd half of 18th century) with eight times the syllable "dza" in vartula script, obverse (from
Tibetan tangka )
Image 4 Money Base, M1 and M2 in the U.S. from 1981 to 2012 (from
Money )
Image 5 A 1914 British
gold sovereign (from
Money )
Image 6 A hoard of mostly
Mauryan punch-marked coins (from
Punch-marked coins )
Image 7 A check, used as a means of converting funds in a
demand deposit to cash (from
Money )
Image 8 Banknotes of different currencies with a face value of 5000 (from
Money )
Image 9 Punch-marked coins discovered from
Chandraketugarh . (from
Punch-marked coins )
Image 10 Sino Tibetan silver tangka, dated 58th year of Qian Long era, obverse. Weight 5.57 g. Diameter: 30 mm (from
Tibetan tangka )
Image 11 Tibetan kong par tangka, dated 13-45 (= AD 1791), reverse (from
Tibetan tangka )
Image 12 Tibetan "gaden" Tangka, undated (ca. AD 1840), reverse (from
Tibetan tangka )
Image 13 Ancient Jewish coin , engraved
menorah , from the
Hasmoneon kingdom 37-40 BCE (from
Money )
Image 14 Printing paper money at a printing press in
Perm (from
Money )
Image 15 A 640 BC one-third
stater electrum coin from
Lydia . According to
Herodotus , the
Lydians were the first people to introduce the use of
gold and
silver coins . It is thought by modern scholars that these first stamped
coins were minted around 650 to 600 BC. (from
Money )
Image 16 Tibetan "gaden" Tangka, undated (ca. AD 1840), obverse (from
Tibetan tangka )
Image 18 Huizi currency , issued in 1160 (from
Money )
Image 19 President
J. K. Paasikivi illustrated in a former Finnish
10 mark banknote from 1980 (from
Money )
Image 20 Tibetan undated silver tangka (2nd half of 18th century) with eight times the syllable "dza" in vartula script, reverse (from
Tibetan tangka )
Image 21 Silver, ½ Karshapana coin, “Babyal Hoard” type, of the Kuru Janapada (450 BC - 315 BC) (from
Punch-marked coins )
Image 22 Tibetan kong par tangka, dated 13-45 (= AD 1791), obverse (from
Tibetan tangka )
Image 23 Tibetan silver tangka with Ranjana (Lantsa) script, dated 15-28 (= AD 1894), reverse (from
Tibetan tangka )
Image 24 Undated Kelzang tangka (1910), obverse (from
Tibetan tangka )
Image 25 Tibetan undated silver tangka, struck in 1953/54, obverse. (from
Tibetan tangka )
Image 26 Paper money from different countries (from
Money )
Image 27 Sino Tibetan silver tangka, dated 58th year of Qian Long era, reverse. Weight 5.57 g. Diameter: 30 mm (from
Tibetan tangka )
Image 28 Tibetan silver tangka with Ranjana (Lantsa) script, dated 15-28 (= AD 1894), obverse (from
Tibetan tangka )
Image 29 “Babyal Hoard” type, of the Kuru Janapada (350 - 315 BCE) (from
Punch-marked coins )
Image 30 "Bent bar" of the Gandhara Janapda unearthed with Achaemenid and Greek coins,
Gandhara , c.350 BC. (from
Punch-marked coins )
Image 31 Tenga of
Muhammad Khudayar Khan , struck at the Kokand mint, dated 1862–1863 (from
Kokand tenga )
Image 32 Tibetan undated silver tangka, struck in 1953/54, reverse. (from
Tibetan tangka )
Image 33 Undated Kelzang tangka (1910), reverse (from
Tibetan tangka )
Image 34 Gold coins are an example of legal tender that are traded for their intrinsic value, rather than their face value. (from
Money )
Image 35 US dollar banknotes (from
Money )
28 May 2025 – Corruption in Albania
Former Albanian president Ilir Meta is formally charged with corruption , money laundering , tax evasion , and concealing property from authorities. The charges were detailed in a report from anti-corruption prosecutors. Meta was arrested in October. (AP)
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