# Money |  | **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. | |-|-| | | wikipedia:: [Money](https://en.wikipedia.org/wiki/Money) | - [[Coincidence of wants]] ## Functions of money - [[Medium of exchange]] - ie, [[Currency]] - [[Store of value]] - [[Unit of account]] - common and standard measure of value ## Questions #v/question #to/expand Also as a [[Commodity]], as in all units are uniform? But isn't there some level of it being a rating of trust, confidence, stability, authority, etc. as in International relations and global politics etc.? From what authority or institution it is tied to? And since money and its value and purchasing power changes over time, it is also an object of investment, and thus is intricately intertwined with [[Market]]s, speculative investments, [[Stock Market]], and thus everything else that those things are tied to, and determined by how well they function and are regulated? Shouldn't these things be considered a function of money?