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The Money Portal

Euro coins and banknotes

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 refers to the fact that there is normally a 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 refers to the observation that it is better to receive money sooner than later. Money you have today can be invested to earn a positive rate of return, producing more money tomorrow. Therefore, a dollar today is worth more than a dollar in the future. (Full article...)

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The Bangladeshi taka (Bengali: টাকা, sign: ৳, code: BDT, short form: Tk) is the currency of Bangladesh. In Unicode, it is encoded at U+09F3 ৳ BENGALI RUPEE SIGN.

Issuance of banknotes ৳10 and larger is controlled by Bangladesh Bank, while the ৳2 and ৳5 govt. notes are the responsibility of the ministry of finance. The govt. notes of Tk. 2 and Tk.5 have mostly been replaced by coins while lower denomination coins (including all poysha coins) up to Tk. 1 have almost gone out of circulation due to inflation. The most commonly used symbol for the taka is "৳" and "Tk", used on receipts while purchasing goods and services. It is divided into 100 poysha, but poysha coins are no longer in circulation. The poysha is still used for accounting purposes (e.g., Tk 123,456.78 for 123,456 taka and 78 poysha). (Full article...)

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... that barley was once used as a form of money?
... that Money Shot: The Pornhub Story was described by multiple reviewers as unsalacious?
... that in the span of three days, a Florida man was approved by bankruptcy courts to buy TV stations in Roanoke and Lynchburg, Virginia, and then arrested on charges of laundering millions in drug money?
... 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 American first lady Lou Henry Hoover secretly sent money to families in need during the Great Depression?
... that Russian indie artist polnalyubvi bought her first guitar with money earned from busking with her violin?
... that Zack Kelly received a $500 signing bonus, lost money in his first professional seasons, and was released by two organizations before he made his Major League Baseball debut?
... that Neha Pendse, the lead actress of the Marathi film June, contributed some of her own money towards its production?

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

Image 1Tibetan undated silver tangka, struck in 1953/54, reverse. (from Tibetan tangka)
Image 2Tibetan kong par tangka, dated 13-45 (= AD 1791),reverse (from Tibetan tangka)
Image 3A 1914 British gold sovereign (from Money)
Image 4Ancient Jewish coin, engraved menorah, from the Hasmoneon kingdom 37-40 BCE (from Money)
Image 5A check, used as a means of converting funds in a demand deposit to cash (from Money)
Image 6President J. K. Paasikivi illustrated in a former Finnish 10 mark banknote from 1980 (from Money)
Image 7A person counts a bundle of different Swedish banknotes. (from Money)
Image 8Gold coins are an example of legal tender that are traded for their intrinsic value, rather than their face value. (from Money)
Image 9Tibetan undated silver tangka, struck in 1953/54, obverse. (from Tibetan tangka)
Image 10Tibetan undated silver tangka (2nd half of 18th century) with eight times the syllable "dza" in vartula script,reverse (from Tibetan tangka)
Image 11Banknotes of different currencies with a face value of 5000 (from Money)
Image 12"Bent bar" minted under Achaemenid administration, Gandhara, c.350 BC. (from Punch-marked coins)
Image 13Undated Kelzang tangka (1910), obverse (from Tibetan tangka)
Image 14Banknotes and coins (from Money)
Image 15Punch-marked coins discovered from Chandraketugarh. (from Punch-marked coins)
Image 16Tibetan silver tangka with Ranjana (Lantsa) script, dated 15-28 (= AD 1894), reverse (from Tibetan tangka)
Image 17A hoard of mostly Mauryan punch-marked coins (from Punch-marked coins)
Image 18Paper money from different countries (from Money)
Image 19Sino Tibetan silver tangka, dated 58th year of Qian Long era, reverse. Weight 5.57 g. Diameter: 30 mm (from Tibetan tangka)
Image 20Tibetan "gaden" Tangka, undated (ca. AD 1840), reverse (from Tibetan tangka)
Image 21Tibetan "gaden" Tangka, undated (ca. AD 1840), obverse (from Tibetan tangka)
Image 22Undated Kelzang tangka (1910), reverse (from Tibetan tangka)
Image 23Printing paper money at a printing press in Perm (from Money)
Image 24Tibetan silver tangka with Ranjana (Lantsa) script, dated 15-28 (= AD 1894), obverse (from Tibetan tangka)
Image 25Tibetan undated silver tangka (2nd half of 18th century) with eight times the syllable "dza" in vartula script,obverse (from Tibetan tangka)
Image 26Tibetan kong par tangka, dated 13-45 (= AD 1791),obverse (from Tibetan tangka)
Image 27Huizi currency, issued in 1160 (from Money)
Image 28Tenga of Muhammad Khudayar Khan, struck at the Kokand mint, dated 1862–1863 (from Kokand tenga)
Image 29Athens 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 30US dollar banknotes (from Money)
Image 31Sino Tibetan silver tangka, dated 58th year of Qian Long era, obverse. Weight 5.57 g. Diameter: 30 mm (from Tibetan tangka)
Image 32Song Dynasty Jiaozi, the world's earliest paper money (from Money)
Image 33Money Base, M1 and M2 in the U.S. from 1981 to 2012 (from Money)
Image 34A 640 BC one-third stater electrum coin from Lydia. According to Herodotus, the Lydians were the first people to introduce the use of gold and silver coins. It is thought by modern scholars that these first stamped coins were minted around 650 to 600 BC. (from Money)