money

mon·ey   (mŭn'ē)    n.   pl. mon·eys or mon·ies A medium that can be exchanged for goods and services and is used as a measure of their values on the market, including among its forms a commodity such as gold, an officially issued coin or note, or a deposit in a checking account or other readily liquefiable account. The official currency, coins, and negotiable paper notes issued by a government. Assets and property considered in terms of monetary value; wealth. Pecuniary profit or loss: He made money on the sale of his properties. One's salary; pay: It was a terrible job, but the money was good. An amount of cash or credit: raised the money for the new playground. Sums of money, especially of a specified nature. Often used in the plural: state tax moneys; monies set aside for research and development. A wealthy person, family, or group: to come from old money; to marry into money. [Middle English moneie, from Old French, from Latin monēta, mint, coinage, from Monēta, epithet of Juno, temple of Juno of Rome where money was coined.]

Money

Mon"ey\, n.; pl. Moneys. [OE. moneie, OF. moneie, F. monnaie, fr. L. moneta. See Mint place where coin is made, Mind, and cf. Moidore, Monetary.]

1. A piece of metal, as gold, silver, copper, etc., coined, or stamped, and issued by the sovereign authority as a medium of exchange in financial transactions between citizens and with government; also, any number of such pieces; coin.

To prevent such abuses, . . . it has been found necessary . . . to affix a public stamp upon certain quantities of such particular metals, as were in those countries commonly made use of to purchase goods. Hence the origin of coined money, and of those public offices called mints. --A. Smith.

2. Any written or stamped promise, certificate, or order, as a government note, a bank note, a certificate of deposit, etc., which is payable in standard coined money and is lawfully current in lieu of it; in a comprehensive sense, any currency usually and lawfully employed in buying and selling.

Note: Whatever, among barbarous nations, is used as a medium of effecting exchanges of property, and in the terms of which values are reckoned, as sheep, wampum, copper rings, quills of salt or of gold dust, shovel blades, etc., is, in common language, called their money.

3. In general, wealth; property; as, he has much money in land, or in stocks; to make, or lose, money.

The love of money is a root of all kinds of evil. --1 Tim vi. 10 (Rev. Ver. ).

Money bill (Legislation), a bill for raising revenue.

Money broker, a broker who deals in different kinds of money; one who buys and sells bills of exchange; -- called also money changer.

Money cowrie (Zo["o]l.), any one of several species of Cypr[ae]a (esp. C. moneta) formerly much used as money by savage tribes. See Cowrie.

Money of account, a denomination of value used in keeping accounts, for which there may, or may not, be an equivalent coin; e. g., the mill is a money of account in the United States, but not a coin.

Money order, an order for the payment of money; specifically, a government order for the payment of money, issued at one post office as payable at another; -- called also postal money order.

Money scrivener, a person who produces the loan of money to others. [Eng.]

Money spider, Money spinner (Zo["o]l.), a small spider; -- so called as being popularly supposed to indicate that the person upon whom it crawls will be fortunate in money matters.

Money's worth, a fair or full equivalent for the money which is paid.

A piece of money, a single coin.

Ready money, money held ready for payment, or actually paid, at the time of a transaction; cash.

To make money, to gain or acquire money or property; to make a profit in dealings.

money 

Money

1. A commodity or asset, such as gold, an officially issued currency, coin, or paper note, that can be legally exchanged for something equivalent, such as goods or services.

2. As defined by common law: a medium of exchange authorized or adopted by a domestic or foreign government and includes a monetary unit of account established by an intergovernmental organization or by agreement between two or more nations.

Investopedia Commentary

Also know as Moola, Dinero, Bread, or Cash.

Related Links

Understanding The Time Value Of Money
What Is Money?

See also: Currency, Fiat Money, Finance, Gold Standard, Money Market, Seigniorage

money

A generally accepted medium for the exchange of goods and services, for measuring value, or for making payments. Many economists consider the amount of money and growth in the amount of money in an economy very influential in determining interest rates, inflation, and the level of economic activity. There is some disagreement among economists as to what types of things actually should be classified as money; for example, should balances in money market funds be included. See also money supply.

Main Entry: mon·ey
Pronunciation: 'm&-nE
Function: noun
Inflected Form: plural moneys or mon·ies /'m&-nEz/
1 : an accepted or authorized medium of exchange; especially : coinage or negotiable paper issued as legal tender by a government
2 a : assets or compensation in the form of or readily convertible into cash b : capital dealt in as a commodity to be lent, traded, or invested money available from a lender> money supply> c plural : sums of money moneys>

Money

Of uncoined money the first notice we have is in the history of Abraham (Gen. 13:2; 20:16; 24:35). Next, this word is used in connection with the purchase of the cave of Machpelah (23:16), and again in connection with Jacob's purchase of a field at Shalem (Gen. 33:18, 19) for "an hundred pieces of money"=an hundred Hebrew kesitahs (q.v.), i.e., probably pieces of money, as is supposed, bearing the figure of a lamb. The history of Joseph affords evidence of the constant use of money, silver of a fixed weight. This appears also in all the subsequent history of the Jewish people, in all their internal as well as foreign transactions. There were in common use in trade silver pieces of a definite weight, shekels, half-shekels, and quarter-shekels. But these were not properly coins, which are pieces of metal authoritatively issued, and bearing a stamp. Of the use of coined money we have no early notice among the Hebrews. The first mentioned is of Persian coinage, the daric (Ezra 2:69; Neh. 7:70) and the 'adarkon (Ezra 8:27). The daric (q.v.) was a gold piece current in Palestine in the time of Cyrus. As long as the Jews, after the Exile, lived under Persian rule, they used Persian coins. These gave place to Greek coins when Palestine came under the dominion of the Greeks (B.C. 331), the coins consisting of gold, silver, and copper pieces. The usual gold pieces were staters (q.v.), and the silver coins tetradrachms and drachms. In the year B.C. 140, Antiochus VII. gave permission to Simon the Maccabee to coin Jewish money. Shekels (q.v.) were then coined bearing the figure of the almond rod and the pot of manna.

money

In addition to the idioms beginning with money, also see coin money; color of one's money; easy money; even money; fool and his money are soon parted; for one's money; funny money; get one's money's worth; hush money; in the money; made of money; not for love or money; on the money; pay your money and take your choice; pin money; pocket money; put money on; put one's money where one's mouth is; rolling in it (money); run for one's money; throw good money after bad; time is money.