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Money No Problem!
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, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Euro Coins And Banknotes (cropped)
The euro (currency symbol, symbol: euro sign, €; ISO 4217, currency code: EUR) is the official currency of 20 of the Member state of the European Union, member states of the European Union. This group of states is officially known as the euro area or, more commonly, the eurozone. The euro is divided into 100 1 euro cent coin, euro cents. The currency is also used officially by the institutions of the European Union, by International status and usage of the euro, four European microstates that are not EU members, the British Overseas Territory of Akrotiri and Dhekelia, as well as unilaterally by Montenegro and Kosovo. Outside Europe, a number of special territories of EU members also use the euro as their currency. The euro is used by 350 million people in Europe and additionally, over 200 million people worldwide use currencies pegged to the euro. It is the second-largest reserve currency as well as the second-most traded currency in the world after the United Sta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Currency In Circulation
In monetary economics, the currency in circulation in a country is the value of currency or cash (banknotes and coins) that has ever been issued by the country’s monetary authority less the amount that has been removed. More broadly, money in circulation is the total money supply of a country, which can be defined in various ways, but always includes currency and also some types of bank deposits, such as deposits at call. The published amount of currency in circulation tends to be overstated by an unknown amount. For example, money may have been destroyed, or stored as a form of security (the proverbial “money under the mattress”), or by Coin collecting, coin collectors, or held in reserve within the banking system, including currency held by foreign central banks as a foreign exchange reserve asset. Domestic demand for currency The currency in circulation in a country is based on the need or demand for cash in the community. The monetary authority of each country (or cur ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Uni (mythology)
Uni is the ancient goddess of marriage, fertility, family, and women in Etruscan religion and myth, and was the patron goddess of Perugia. She is identified as the Etruscan civilization, Etruscan equivalent of Juno (mythology), Juno in Roman mythology, and Hera in Greek mythology. As the supreme goddess of the Etruscan religion, Etruscan pantheon, she is part of the Etruscan trinity, an original precursor to the Capitoline Triad, made up of her husband Tinia, the god of the sky, and daughter Menrva, the goddess of wisdom. She is often depicted with a goatskin cloak and sandals whilst holding a shield, similarly to Juno Sospita, wearing a bridal veil, or completely nude.Nancy Thomson de Grummond, ''Etruscan Myth, Sacred History, and Legend'' (University of Pennsylvania Museum of Archaeology and Anthropology, 2006). Livy states (Book V, ''Ab Urbe Condita'') that Juno was an Etruscan mythology, Etruscan goddess of the Veii, Veientes, who was adopted ceremonially into the Roman panthe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Juno Moneta
In Roman mythology, Moneta (Latin Monēta) was a title given to two separate goddesses: It was the name of the goddess of memory (identified with the Greek goddess Mnemosyne), and it was an epithet of Juno, called Juno Moneta (Latin Iūno Monēta). The latter's name is the source of numerous words in English and the Romance languages, including “money" and " mint". The cult of the goddess Moneta was established largely under the influence of Greek religion, which featured the cult of Mnemosyne ("Μνημοσύνη"), the goddess of memory and the mother of the Muses. The goddess's name is derived from Latin ''monēre'' (which means to remind, warn, or instruct). She is mentioned in a fragment of Livius Andronicus' Latin Odyssey: ''Nam diva Monetas filia docuit'' ("since the divine daughter of Moneta has taught...", frg. 21 Büchner), which may be the equivalent of either Od. 8,480-1 or 488. The epithet Moneta that was given to Juno, in contrast, is more likely to have d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Capitoline
The Capitolium or Capitoline Hill ( ; ; ), between the Forum and the Campus Martius, is one of the Seven Hills of Rome. The hill was earlier known as ''Mons Saturnius'', dedicated to the god Saturn. The word ''Capitolium'' first referred to the Temple of Jupiter Optimus Maximus which was located on the hill, however the meaning evolved to refer to the whole hill and even other temples of Jupiter on other hills. In an etymological myth, ancient sources connect the name to ''caput'' ("head", "summit") because of a tale that stated that when the foundations for the temple were being laid, a man's head was found. The ''Capitolium'' was regarded by the Romans as indestructible, and was adopted as a symbol of eternity. The word ''Capitolium'' is a precursor to the English word '' capitol'', and Capitol Hill in Washington, D.C. is widely assumed to be named after the Capitoline Hill. Ancient history At this hill, the Sabines, creeping to the Citadel, were let in by the Roman ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Juno (mythology)
Juno ( ; Latin ) was an Religion in ancient Rome, ancient Roman goddess, the protector and special counsellor of the state. She was syncretism, equated to Hera, queen of the gods in Greek mythology and a goddess of love and marriage. A daughter of Saturn (mythology), Saturn and Ops, she was the sister and wife of Jupiter (mythology), Jupiter and the mother of Mars (mythology), Mars, Vulcan (mythology), Vulcan, Bellona (goddess), Bellona, Lucina (mythology), Lucina and Juventas. Like Hera, her sacred animal was the peacock.''Larousse Desk Reference Encyclopedia'', The Book People, Haydock, 1995, p. 215. Her Etruscan Civilization, Etruscan counterpart was Uni (mythology), Uni, and she was said to also watch over the women of Rome. As the patron goddess of Rome and the Roman Empire, Juno was called ("Queen") and was a member of the Capitoline Triad (''Juno Capitolina''), centered on the Capitoline Hill in Rome, and also including Jupiter, and Minerva, goddess of wisdom. Juno's ow ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Broad Money
In economics, broad money is a measure of the amount of money, or money supply, in a national economy including both highly liquid "narrow money" and less liquid forms. The European Central Bank, the OECD and the Bank of England all have their own different definitions of broad money.Definition of M0, M1, M2, M3, M4 , '''' Lexicon Definition The considers all monetary aggregates from M2 upwards to be part of broad money."Data on the broad monetary aggregate M2 in the US has been subj ...[...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cashless Payment
In economics, cash is money in the physical form of currency, such as banknotes and coins. In book-keeping and financial accounting, cash is current assets comprising currency or currency equivalents that can be accessed immediately or near-immediately (as in the case of money market accounts). Cash is seen either as a reserve for payments, in case of a structural or incidental negative cash flow or as a way to avoid a downturn on financial markets. Etymology The English word ''cash'' originally meant , and later came to have a secondary meaning . This secondary usage became the sole meaning in the 18th century. The word ''cash'' comes from the Middle French , which comes from the Old Italian , and ultimately from the Latin . History In Western Europe, after the fall of the Western Roman Empire, coins, silver jewelry and hacksilver (silver objects hacked into pieces) were for centuries the only form of money, until Venetian merchants started using silver bars for large t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Institution
A financial institution, sometimes called a banking institution, is a business entity that provides service as an intermediary for different types of financial monetary transactions. Broadly speaking, there are three major types of financial institution: # Depository institution – deposit (finance), deposit-taking institution that accepts and manages deposits and makes loans, including bank, building society, credit union, trust company, and mortgage broker; # Contractual institution – insurance company and pension fund # Investment institution – investment banking, investment bank, underwriter, and other different types of financial entities managing investments. Financial institutions can be distinguished broadly into two categories according to ownership structure: * commercial bank * cooperative banking, cooperative bank Some experts see a trend toward homogenisation of financial institutions, meaning a tendency to invest in similar areas and have similar business str ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Accounts
A bank account is a financial account maintained by a bank or other financial institution in which the financial transactions between the bank and a customer are recorded. Each financial institution sets the terms and conditions for each type of account it offers, which are classified in commonly understood types, such as deposit accounts, credit card accounts, current accounts, loan accounts or many other types of account. A customer may have more than one account. Once an account is opened, funds entrusted by the customer to the financial institution on deposit are recorded in the account designated by the customer. Funds can be withdrawn from the accounts in accordance with their terms and conditions. The financial transactions which have occurred on a bank account within a given period of time are reported to the customer on a bank statement, and the balance of the accounts of a customer at any point in time represents their financial position with the institution. Natu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Savings Account
A savings account is a bank account at a retail banking, retail bank. Common features include a limited number of withdrawals, a lack of cheque and linked debit card facilities, limited transfer options and the inability to be overdrawn. Traditionally, transactions on savings accounts were widely recorded in a passbook, and were sometimes called passbook savings accounts, and bank statements were not provided; however, currently such transactions are commonly recorded electronically and accessible online. People deposit funds in savings account for a variety of reasons, including a safe place to hold their cash. Savings accounts normally pay interest as well: almost all of them accrue compound interest over time. Several countries require savings accounts to be protected by deposit insurance and some countries provide a government guarantee for at least a portion of the account balance. There are many types of savings accounts, often serving particular purposes. These may includ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Transactional Account
A transaction account (also called a checking account, cheque account, chequing account, current account, demand deposit account, or share account at credit unions) is a deposit account or bank account held at a bank or other financial institution. It is available to the account owner "on demand" and is available for frequent and immediate access by the account owner or to others as the account owner may direct. Access may be in a variety of ways, such as cash withdrawals, use of debit cards, cheques and electronic transfer. In economic terms, the funds held in a transaction account are regarded as liquid funds. In accounting terms, they are considered as cash. Transaction accounts are known by a variety of descriptions, including a current account (British English), chequing account or checking account when held by a bank, share draft account when held by a credit union in North America. In the Commonwealth of Nations, United Kingdom, Hong Kong, India, Ireland, Australia, New Z ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
