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WHAT’S THE VALUE OF MONEY


Value of money

Definition: The value of money is defined as the quantity of goods and services which a given amount of money can buy.

What Is Money

Money can be defined as anything that is generally acceptable as a means of payment. OR Can be defined as anything that is generally acceptable as a medium of exchange and in the settlements of debts.
In the olden days, what they use in place of money presently, is the trade-by-barter system, where one is allowed to go and get anything of His Choice once he is able to get someone who wants what he has. They must share the same interest, without that, no exchange is made.

Debentures: A debenture may be defined as a bond, acknowledging a loan, generally under the company’s seal and bearing a fixed rate of interest.
What is STOCK: These are the bundle of shares of mass of capital which can be transferred in fractional amounts.

Oluwamuyide Peter

My name is seyi, the main aim of creating this platform is to help users get information like school updates, electrical engineering topics, school project and many more for free

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