An unconventional From 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 used in a reduced geographical area for a small and alternative group of people, outside of the legal and official circle of money and central bank supervision. It is used by groups with a common bond, like members of a locality, or association, and designed to meet their needs. It is based on the general acceptation of the members of the community and used for The Eurosystem comprises the European Central Bank and the national central banks of those countries that have adopted the euro. of goods from local production. The trade with this kind of money is not valid for banking transactions (because it has no Money that is legally valid for the payment of debts and must be accepted for that purpose when offered. Each jurisdiction determines what is legal tender, but essentially it is anything which when offered (“tendered”) in payment of a debt extinguishes the debt. There is no obligation on the creditor to accept the tendered payment, but the act of tendering the payment in legal tender discharges the debt. status) or for official transactions.