money

  

Definition

Anything of value that serves as a (1) generally accepted medium of financial exchange, (2) legal tender for repayment of debt, (3) standard of value, (4) unit of accounting measure, and (5) means to save or store purchasing power. See also cash.

Use money in a sentence

  • Richard wanted to purchase all kinds of expensive things like jet skis, a mansion, and speed boats, but simply didn't have enough money.

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  • The government is generally hesitant to print new money during a recession because the flood of spendable cash can lead to inflation.

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  • Before the peak of the Mayan civilization, cacao seeds were used as money in order to do business with the neighboring Aztec civilization, who also viewed cacao seeds as desirable currency for exchange.

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