Money

Money is any marketable good or token used by a society as a store of value, a medium of exchange, and a unit of account. Since the needs arise naturally, societies organically create a money object when none exists. In other cases, a central authority creates a money object; this is more frequently the case in modern societies with paper money.

Modern forms of money

When using money anonymously, the most common methods are cash (either coin or banknotes) and stored-value cards.

Related Topics:
Cash - Coin - Banknote - Stored-value card

~ ~ ~ ~ ~ ~ ~ ~ ~ ~

When using money substitutes in such a way as to leave a financial record of the transaction, the most common methods are checks, debit cards, credit cards, and digital cash.

Related Topics:
Check - Debit card - Credit card - Digital cash

~ ~ ~ ~ ~ ~ ~ ~ ~ ~