MoneyFrom the Latin word moneta, nickname that was given by Romans to the goddess Juno because there was a minting workshop next to her temple. Money is any item that is generally accepted as payment for goods and services and repayment of debts, such as taxes, in a particular region, country or socio-economic context. Its onset dates back to the origins of humanity and its physical representation has taken on very varied forms until the appearance of metal coins. The banknote, a typical representati... More obtained from criminal or illegal activities. For that reason, it is obviously not declared to the tax authorities. See Grey moneyAs in the case of black money, this is undeclared money, however originating from non-criminal activity. Its concealment seeks to avoid its taxation. Its detection by the authorities typically involves the imposition of a financial penalty in addition to the payment of the tax debt and the relevant interests. See Black money. More.