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Money

Categories: Econ, Credit

A store of value. A representation of value. Money: something you can pay for stuff with...bad grammar aside.

The intrinsic value of that $20 bill with what's his name's picture on it? It's money. It lets you buy 50 of the 40-cent gumballs. And don't think about the poor male gums who sacrificed for it. Maybe they get a cut of the money you paid for 'em.

Find other enlightening terms in Shmoop Finance Genius Bar(f)