noun Download 🔗Share A legally or socially binding conceptual contract of entitlement to wealth, void of intrinsic value, payable for all debts and taxes, and regulated in supply. Examples : "The government uses money to pay teachers' salaries. " economy finance business asset value government law commerce essential Chat with AIVocabulary GamePractice Reading
noun Download 🔗Share A generally accepted means of exchange and measure of value. Examples : "Before colonial times cowry shells imported from Mauritius were used as money in Western Africa." economy business finance value asset commerce essential Chat with AIVocabulary GamePractice Reading
noun Download 🔗Share A currency maintained by a state or other entity which can guarantee its value (such as a monetary union). Examples : "money supply; money market" economy finance business state government asset value essential Chat with AIVocabulary GamePractice Reading
noun Download 🔗Share Hard cash in the form of banknotes and coins, as opposed to cheques/checks, credit cards, or credit more generally. Examples : "My grandmother gave me some money for my school books. " business economy finance asset essential Chat with AIVocabulary GamePractice Reading
noun Download 🔗Share The total value of liquid assets available for an individual or other economic unit, such as cash and bank deposits. Examples : "My money was low this month because I paid for new school supplies. " asset finance business economy value essential Chat with AIVocabulary GamePractice Reading
noun Download 🔗Share Wealth; a person, family or class that possesses wealth Examples : "He married money." economy finance business asset essential Chat with AIVocabulary GamePractice Reading
noun Download 🔗Share An item of value between two or more parties used for the exchange of goods or services. Examples : "My parents used money to buy groceries for the family. " business economy finance asset value commerce essential Chat with AIVocabulary GamePractice Reading
noun Download 🔗Share A person who funds an operation. Examples : "The company's new money is overseeing the construction project. " business finance person essential Chat with AIVocabulary GamePractice Reading