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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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Play money, toy money, faux paper money or formally ludic money is money that functions as a toy or a token in a game or when playing.

The first such toy money was printed in 1880 by the Milton Bradley Toys company, and was actually a teaching tool, distributed to schools so that children could play at commercial transactions and learn skills for reckoning change, recognizing coins, and budgeting purchases. (Full article...)

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The United States dollar (symbol: $; currency code: USD; also abbreviated US$ to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color.

The monetary policy of the United States is conducted by the Federal Reserve System, which acts as the nation's central bank. (Full article...)

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... that a Virginia radio station built a house to raise money for operations?
... that Starbucks raised money for HIV/AIDS research using their red holiday cups?
... that placekicker Cam Little donated money to a Down syndrome organization for every field goal he made?
... that the Gould Memorial Library once hosted pie-throwing contests to raise money?
... that Money Shot: The Pornhub Story was described by multiple reviewers as unsalacious?
... that Prince Charles donated money to help repair the Cambus O' May bridge after it was badly damaged by Storm Frank in 2015?
... 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 Frankie Saluto was a member of the Ringling Giants, a dwarf baseball team that raised money for charity?

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

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

In the news

15 May 2024 –: Federal prosecutors in New York City charge two brothers, Anton and James Peraire-Bueno, with conspiracy to commit wire fraud, and conspiracy to commit money laundering, after they were arrested for exploiting the Ethereum blockchain and stealing $25 million worth of cryptocurrency. (Reuters)