Money | Definition, Etymology, Synonyms & Antonyms

Money

Money(noun)

Definition

Money is a medium of exchange and a unit of account that is widely accepted in transactions for goods, services, and debts. It is typically in the form of banknotes or coins issued by a government and holds value as a means to facilitate economic transactions and store wealth.

Etymology

The word money comes from the Latin word moneta, which originally referred to a temple in ancient Rome where coins were minted.

Synonyms

  • Currency
  • Cash
  • Funds
  • Wealth
  • Finances

Antonyms

  • Debt
  • Poverty
  • Insolvency
  • Bankruptcy
  • Destitution

Example

The economic downturn affected many businesses, causing them to lose money.

FAQs (Frequently Asked Questions)

What is money as a noun?

Money is a medium of exchange, such as coins or bills, used to facilitate transactions and store value in an economy.

How does money function in society?

Money serves as a unit of account, medium of exchange, and store of value, enabling economic transactions and wealth accumulation.

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