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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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In Christian tradition, the love of money is condemned as a sin primarily based on texts such as Ecclesiastes 5:10 and 1 Timothy 6:10. The Christian condemnation relates to avarice and greed rather than money itself. The Christian texts (scriptures) are full of parables and use easy-to-understand subjects, such as money, to convey the actual message, there are further parallels in Solon and Aristotle, and Massinissa—who ascribed love of money to Hannibal and the Carthaginians. Avarice is one of the seven deadly sins in the Christian classifications of vices (sins). This is a phrase that was borrowed from Diogenes. (Full article...)

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The euro (symbol: €; currency code: EUR) is the official currency of 20 of the 27 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 euro cents.

The currency is also used officially by the institutions of the European Union, by 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. Additionally, over 200 million people worldwide use currencies pegged to the euro. (Full article...)

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... that Colin Stubs spent the prize money from his first international tennis title on an old Volkswagen to travel around Europe?
... that Russian indie artist polnalyubvi bought her first guitar with money earned from busking with her violin?
... that Frankie Saluto was a member of the Ringling Giants, a dwarf baseball team that raised money for charity?
... that barley was once used as a form of money?
... 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 the façade of the Brooklyn Central Library was removed in an attempt to save money?
... that Neha Pendse, the lead actress of the Marathi film June, contributed some of her own money towards its production?

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

Image 1Gold coins are an example of legal tender that are traded for their intrinsic value, rather than their face value. (from Money)
Image 2Tibetan "gaden" Tangka, undated (ca. AD 1840), reverse (from Tibetan tangka)
Image 3Tibetan undated silver tangka (2nd half of 18th century) with eight times the syllable "dza" in vartula script,obverse (from Tibetan tangka)
Image 4Banknotes of different currencies with a face value of 5000 (from Money)
Image 5Tibetan silver tangka with Ranjana (Lantsa) script, dated 15-28 (= AD 1894), obverse (from Tibetan tangka)
Image 6Tibetan undated silver tangka, struck in 1953/54, reverse. (from Tibetan tangka)
Image 7Banknotes and coins (from Money)
Image 8Printing paper money at a printing press in Perm (from Money)
Image 9Paper money from different countries (from Money)
Image 10A 1914 British gold sovereign (from Money)
Image 11A check, used as a means of converting funds in a demand deposit to cash (from Money)
Image 12Song Dynasty Jiaozi, the world's earliest paper money (from Money)
Image 13A hoard of mostly Mauryan punch-marked coins (from Punch-marked coins)
Image 14Ancient Jewish coin, engraved menorah, from the Hasmoneon kingdom 37-40 BCE (from Money)
Image 15Tibetan undated silver tangka, struck in 1953/54, obverse. (from Tibetan tangka)
Image 16Undated Kelzang tangka (1910), reverse (from Tibetan tangka)
Image 17Sino Tibetan silver tangka, dated 58th year of Qian Long era, reverse. Weight 5.57 g. Diameter: 30 mm (from Tibetan tangka)
Image 18Athens 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 19Punch-marked coins discovered from Chandraketugarh. (from Punch-marked coins)
Image 20"Bent bar" minted under Achaemenid administration, Gandhara, c.350 BC. (from Punch-marked coins)
Image 21Tenga of Muhammad Khudayar Khan, struck at the Kokand mint, dated 1862–1863 (from Kokand tenga)
Image 22Tibetan kong par tangka, dated 13-45 (= AD 1791),reverse (from Tibetan tangka)
Image 23President J. K. Paasikivi illustrated in a former Finnish 10 mark banknote from 1980 (from Money)
Image 24A 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 25Huizi currency, issued in 1160 (from Money)
Image 26A person counts a bundle of different Swedish banknotes. (from Money)
Image 27Tibetan undated silver tangka (2nd half of 18th century) with eight times the syllable "dza" in vartula script,reverse (from Tibetan tangka)
Image 28US dollar banknotes (from Money)
Image 29Tibetan silver tangka with Ranjana (Lantsa) script, dated 15-28 (= AD 1894), reverse (from Tibetan tangka)
Image 30Money Base, M1 and M2 in the U.S. from 1981 to 2012 (from Money)
Image 31Undated Kelzang tangka (1910), obverse (from Tibetan tangka)
Image 32Sino Tibetan silver tangka, dated 58th year of Qian Long era, obverse. Weight 5.57 g. Diameter: 30 mm (from Tibetan tangka)
Image 33Tibetan kong par tangka, dated 13-45 (= AD 1791),obverse (from Tibetan tangka)
Image 34Tibetan "gaden" Tangka, undated (ca. AD 1840), obverse (from Tibetan tangka)