![Money](https://img-cdn.financeunlocked.com/headers-images/euromoney/3.jpg?ik-sdk-version=javascript-1.0.3)
Glossary
Macro & Markets
Money
Money is any object that is generally accepted as payment for goods and services and repayment of debts. It is a medium of exchange (i.e., a means of payment that is widely accepted). Money also serves a store of value (which means it can be saved and used later). It also serves as a unit of account (i.e., provide a common base for prices).