Portal:Money

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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...)

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The time value of money is the widely accepted conjecture that there is greater benefit to receiving a sum of money now rather than an identical sum later. It may be seen as an implication of the later-developed concept of time preference.

The time value of money is among the factors considered when weighing the opportunity costs of spending rather than saving or investing money. As such, it is among the reasons why interest is paid or earned: interest, whether it is on a bank deposit or debt, compensates the depositor or lender for the loss of their use of their money. Investors are willing to forgo spending their money now only if they expect a favorable net return on their investment in the future, such that the increased value to be available later is sufficiently high to offset both the preference to spending money now and inflation (if present); see required rate of return. (Full article...)

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The lari (Georgian: ლარი; ISO 4217: GEL) is the currency of Georgia. It is divided into 100 tetri (თეთრი). The name lari is an old Georgian word denoting a hoard, property, while tetri is an old Georgian monetary term (meaning 'white') used in ancient Colchis from the 6th century BC. Earlier Georgian currencies include the rouble (Georgian: მანეთი, maneti), abazi (აბაზი), and kuponi (კუპონი). (Full article...)

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... that the dark-money American Accountability Foundation aims to "take a big handful of sand and throw it in the gears of the Biden administration"?
... that Russian indie artist polnalyubvi bought her first guitar with money earned from busking with her violin?
... that American first lady Lou Henry Hoover secretly sent money to families in need during the Great Depression?
... that after qualifying on the pole at a late-model stock car race, Ty Majeski chose to start at the rear for a chance to win more money—and won the race?
... that Bull Island was farmed by the Money family for over 100 years before being turned into a wildlife preserve?
... that the Gould Memorial Library once hosted pie-throwing contests to raise money?
... that to print money during the Indonesian National Revolution, Lukman Hakim had to lead a group to the town of Muara Bungo to find a printing machine?
... that Frankie Saluto was a member of the Ringling Giants, a dwarf baseball team that raised money for charity?

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The following are images from various currency-related articles on Wikipedia.

Image 1Tibetan "gaden" Tangka, undated (ca. AD 1840), reverse (from Tibetan tangka)
Image 2Tibetan silver tangka with Ranjana (Lantsa) script, dated 15-28 (= AD 1894), reverse (from Tibetan tangka)
Image 3Tibetan undated silver tangka, struck in 1953/54, reverse. (from Tibetan tangka)
Image 4Tenga of Muhammad Khudayar Khan, struck at the Kokand mint, dated 1862–1863 (from Kokand tenga)
Image 5Undated Kelzang tangka (1910), reverse (from Tibetan tangka)
Image 6A United States dollar bill, two five-cent coins and a penny (from Money)
Image 7Athens coin (c. 500/490-485 BC) discovered in Pushkalavati. This coin is the earliest known example of its type to be found so far east. (from Punch-marked coins)
Image 8A 1914 British gold sovereign (from Money)
Image 9Sino Tibetan silver tangka, dated 58th year of Qian Long era, obverse. Weight 5.57 g. Diameter: 30 mm (from Tibetan tangka)
Image 10A hoard of mostly Mauryan punch-marked coins (from Punch-marked coins)
Image 11President J. K. Paasikivi illustrated in a former Finnish 10 mark banknote from 1980 (from Money)
Image 12Tibetan undated silver tangka (2nd half of 18th century) with eight times the syllable "dza" in vartula script,reverse (from Tibetan tangka)
Image 13A check, used as a means of converting funds in a demand deposit to cash (from Money)
Image 14Tibetan "gaden" Tangka, undated (ca. AD 1840), obverse (from Tibetan tangka)
Image 15Huizi currency, issued in 1160 (from Money)
Image 16Tibetan kong par tangka, dated 13-45 (= AD 1791),obverse (from Tibetan tangka)
Image 17Punch-marked coins discovered from Chandraketugarh. (from Punch-marked coins)
Image 18US dollar banknotes (from Money)
Image 19Banknotes of different currencies with a face value of 5000 (from Money)
Image 20Undated Kelzang tangka (1910), obverse (from Tibetan tangka)
Image 21Gold coins are an example of legal tender that are traded for their intrinsic value, rather than their face value. (from Money)
Image 22Tibetan undated silver tangka, struck in 1953/54, obverse. (from Tibetan tangka)
Image 23"Bent bar" minted under Achaemenid administration, Gandhara, c.350 BC. (from Punch-marked coins)
Image 24Money Base, M1 and M2 in the U.S. from 1981 to 2012 (from Money)
Image 25Printing paper money at a printing press in Perm (from Money)
Image 26Song Dynasty Jiaozi, the world's earliest paper money (from Money)
Image 27A 640 BC one-third stater electrum coin from Lydia (from Money)
Image 28Paper money from different countries (from Money)
Image 29Tibetan silver tangka with Ranjana (Lantsa) script, dated 15-28 (= AD 1894), obverse (from Tibetan tangka)
Image 30Tibetan kong par tangka, dated 13-45 (= AD 1791),reverse (from Tibetan tangka)
Image 31Sino Tibetan silver tangka, dated 58th year of Qian Long era, reverse. Weight 5.57 g. Diameter: 30 mm (from Tibetan tangka)
Image 32Tibetan undated silver tangka (2nd half of 18th century) with eight times the syllable "dza" in vartula script,obverse (from Tibetan tangka)
Image 33A person counts a bundle of different Swedish banknotes. (from Money)