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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Mortgage-backed securities (MBS) tied to American real estate , as well as a vast web of derivatives linked to those MBS, collapsed in value . Financial institutions worldwide suffered severe damage, reaching a climax with the bankruptcy of Lehman Brothers on September 15, 2008, and a subsequent international banking crisis . (Full article... )
... that the façade of the Brooklyn Central Library was removed in an attempt to save money?
... that Ken Kortas lost money speculating on hog futures during his NFL career?
... that medievalist Edward Rand rang the doorbell of Harvard president Charles William Eliot and asked him: "I would like to go to Harvard; do you have any money?"
... that the song "Money " by the Drums was certified gold by the RIAA over a decade after its initial release?
... that Prince Charles donated money to help repair the Cambus O' May bridge after it was badly damaged by Storm Frank in 2015?
... that in 1919, Ukrainians were using regular-issue paper money issued in denominations of 0.30, 0.40, 0.90, 1.80, 3.60 and 18 hryvnias ?
... that the Gould Memorial Library once hosted pie-throwing contests to raise money?
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The following are images from various currency-related articles on Wikipedia.
Image 1 Banknotes and coins (from
Money )
Image 2 Huizi currency , issued in 1160 (from
Money )
Image 3 Tibetan kong par tangka, dated 13-45 (= AD 1791),obverse (from
Tibetan tangka )
Image 4 Tibetan undated silver tangka, struck in 1953/54, reverse. (from
Tibetan tangka )
Image 5 Paper money from different countries (from
Money )
Image 6 Tibetan silver tangka with Ranjana (Lantsa) script, dated 15-28 (= AD 1894), reverse (from
Tibetan tangka )
Image 7 Tibetan kong par tangka, dated 13-45 (= AD 1791),reverse (from
Tibetan tangka )
Image 8 Sino Tibetan silver tangka, dated 58th year of Qian Long era, obverse. Weight 5.57 g. Diameter: 30 mm (from
Tibetan tangka )
Image 9 US dollar banknotes (from
Money )
Image 10 A hoard of mostly
Mauryan punch-marked coins (from
Punch-marked coins )
Image 11 Banknotes of different currencies with a face value of 5000 (from
Money )
Image 12 Tibetan "gaden" Tangka, undated (ca. AD 1840), obverse (from
Tibetan tangka )
Image 13 Tibetan silver tangka with Ranjana (Lantsa) script, dated 15-28 (= AD 1894), obverse (from
Tibetan tangka )
Image 14 A check, used as a means of converting funds in a
demand deposit to cash (from
Money )
Image 15 A 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 )
Image 16 Song Dynasty
Jiaozi , the world's earliest paper money (from
Money )
Image 17 Punch-marked coins discovered from
Chandraketugarh . (from
Punch-marked coins )
Image 18 Undated Kelzang tangka (1910), reverse (from
Tibetan tangka )
Image 19 A person counts a bundle of different
Swedish banknotes. (from
Money )
Image 20 Tibetan undated silver tangka (2nd half of 18th century) with eight times the syllable "dza" in vartula script,obverse (from
Tibetan tangka )
Image 21 Tibetan undated silver tangka (2nd half of 18th century) with eight times the syllable "dza" in vartula script,reverse (from
Tibetan tangka )
Image 22 President
J. K. Paasikivi illustrated in a former Finnish
10 mark banknote from 1980 (from
Money )
Image 23 Printing paper money at a printing press in
Perm (from
Money )
Image 24 "Bent bar" minted under Achaemenid administration,
Gandhara , c.350 BC. (from
Punch-marked coins )
Image 25 Gold coins are an example of legal tender that are traded for their intrinsic value, rather than their face value. (from
Money )
Image 26 Money Base, M1 and M2 in the U.S. from 1981 to 2012 (from
Money )
Image 27 A 1914 British
gold sovereign (from
Money )
Image 28 Sino Tibetan silver tangka, dated 58th year of Qian Long era, reverse. Weight 5.57 g. Diameter: 30 mm (from
Tibetan tangka )
Image 29 Tibetan undated silver tangka, struck in 1953/54, obverse. (from
Tibetan tangka )
Image 30 Undated Kelzang tangka (1910), obverse (from
Tibetan tangka )
Image 31 Athens 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 32 Tenga of Muhammad Khudayar Khan , struck at the Kokand mint, dated 1862–1863 (from
Kokand tenga )
Image 33 Tibetan "gaden" Tangka, undated (ca. AD 1840), reverse (from
Tibetan tangka )
In the news
Tunisian opposition leader and founder of the Republican People's Union party Lotfi Mraïhi is arrested on suspicion of money laundering . (Al Jazeera)
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