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Slang terms for money often derive from the appearance and features of banknotes or coins, their values, historical associations or the units of currency concerned. Within a language community, some of the slang terms vary in social, ethnic, economic, and geographic strata but others have become the dominant way of referring to the currency and are regarded as mainstream, acceptable language ...
The Revised Standard Version of the Bible says it is "a Semitic word for money or riches". [13] The International Children's Bible (ICB) uses the wording "You cannot serve God and money at the same time". [14] Christians began to use "mammon" as a term that was used to describe gluttony, excessive materialism, greed, and unjust worldly gain.
A currency refers to money in any form when in actual use or circulation as a medium of exchange, especially circulating banknotes and coins. [1] [2] A more general definition is that a currency is a system of money (monetary units) in common use, especially in a nation. [3]
written order for a bank to pay money (UK: cheque) checker one who checks (e.g. an inspector) a store or shop cashier (almost always a grocery store) (checkers) a popular board game (UK: draughts) to mark with alternating colored squares (UK: chequer) cheers (interjection) said to express gratitude, or on parting (slang). Also cheerio.
An antonym is one of a pair of words with opposite meanings. Each word in the pair is the antithesis of the other. A word may have more than one antonym. There are three categories of antonyms identified by the nature of the relationship between the opposed meanings.
A moneyless economy or nonmonetary economy is a system for allocation of goods and services without payment of money. The simplest example is the family household.Other examples include barter economies, gift economies and primitive communism.
Legal tender, or narrow money (M0) is the cash created by a Central Bank by minting coins and printing banknotes. Bank money, or broad money (M1/M2) is the money created by private banks through the recording of loans as deposits of borrowing clients, with partial support indicated by the cash ratio. Currently, bank money is created as ...
In macroeconomics and modern monetary policy, a devaluation is an official lowering of the value of a country's currency within a fixed exchange-rate system, in which a monetary authority formally sets a lower exchange rate of the national currency in relation to a foreign reference currency or currency basket.