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 main functions of
money are distinguished as: a medium of exchange, a unit of account, a
store of value and sometimes, a standard of deferred payment. Any item
or verifiable record that fulfills these functions can be considered as
money.
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