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Commerce, Financial Accounting, Human Resource Management,, Cost Accounting, Principles of Business

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What are the Main Functions of Money ?

December 15, 2014 By Salman Qureshi Leave a Comment

Functions of money is in simple word “money is what money does” Definition of Money:         According to an earlier German economist (knap) “anything which is declared by the state as money is money”.        According to (roger miller) “Anything which is generally accepted in payment for the goods and services or the repayment of debts […]

Filed Under: Principles of Banking Tagged With: functions of money, what is money

What is Money and its Characteristics

November 6, 2014 By Salman Qureshi Leave a Comment

What is Money Money Is what Money does…. According to Crowther, “Anything that is generally acceptable as a means of exchange and which at the same time acts as a measure and store of value.”                 Thus, anything is Money, which is generally acceptable as a medium of exchange, and at […]

Filed Under: Principles of Banking Tagged With: banking notes, Definition of Money, function of money, money, what is money

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Salman Qureshi is Researcher & passionate Blogger, he loves to write on Commerce & Management Sciences subjects to assist students, Hope you guys will like his effort.
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