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Money

February 3, 2021

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 bank-
note, a typical representation of money, appeared in the 17th century, and has

since experienced great development and growth. Currently, electronic means
allow payments without the need to deliver physical money (banknotes or coins).
Money is considered to have three basic functions: unit of account, medium of
exchange and store of value.

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