define money
Money is a commodity accepted by general consent as a medium of economic exchange. It is the medium in which prices and values are expressed. It circulates from person to person and country to country, facilitating trade, and it is the principal measure of wealth. According to Prof. Walker, 'Money is asmoney does. ' ADVERTISEMENTS: This means that the term money should be used to include anything which performs the functions of money, viz., medium of exchange, measure of value, unit of account, etc.
