Money Definitions
Below are some definitions for money that we would love to share with personal finance, accounting and investing audience – scroll through or use the links below to jump to your favorites:
Money – something generally accepted as a medium of exchange, a measure of value, or a means of payment
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Accrue – To accumulate or be added periodically
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Assets – Entire property of a person or estate, applicable or subject to the payment of debts
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Avarice – excessive or insatiable desire for wealth or gain : greediness
Borrow – Finance: To borrow money with intention of returning the same, plus interest
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Business – A commercial or industrial enterprise; or mercantile activity engaged in as a means of livelihood
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Cash – Ready money: (Money) or it’s equivalent (such as a debit card) paid for goods or services at the time of purchase
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Credit – the balance in a person’s favor in an account or an amount placed at a person’s disposal by a creditor
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Currency – Something (such as coins, treasury notes and banknotes) that is in circulation as a medium of exchange
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Dark Money – contributed to non-profit organizations that is used to fund political campaigns without disclosure
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Dollar – Various basic monetary units such as a coin, note, or token representing one dollar
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Earn – To receive as a return for effort and especially for work done or services rendered
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Easy Money – obtained without especial hardship or effort. Often, money obtained unfairly or improperly
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Employ – To use or engage the services of. To provide with a job that pays wages or salary
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Expense – item of business outlay chargeable against revenue for a specific period
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Frugal – : sparing or economical with regard to money or food. ‘he led a frugal existence‘ synonyms: thrifty, sparing, economical, saving
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Happiness – the quality or state of being happy. good fortune; pleasure; contentment; joy.
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Hush Money – paid so that someone will keep information secret. Money that a person pays to someone to hush something up
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Income – a gain or recurrent benefit that derives from capital or labor; also : the amount of such gain received in a period of time
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Inflation – a gain or recurrent benefit that derives from capital or labor; also : the amount of such gain received in a period of time
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Inherit – to receive (property) from an estate by will or through intestate succession
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Invest – the strategic purchase or sale of assets in order to produce income or capital gains.
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Launder Money – Concealment of the origins of illegally obtained money, by means of transfers to foreign banks or legitimate businesses
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Lender – A creditor or any entity to which money is owed for funds provided
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Loss – : an amount by which the cost of something exceeds its selling price The business claimed to be operating at a loss
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Millions – a thousand times one thousand. a number between 1,000,000 and 999,999,999, referring to an amount of money
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Nothing – Of no account: Worthless
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Profit – A valuable return: Gain: the excess of returns over expenditure in a transaction
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Rich – Having abundant possessions and especially material wealth
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Slave – a person who is owned by another and can be sold at the owner’s will : of, relating to, involving, or used for slaves or slavery
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Spend – To use money to pay for something
Startup – A new entrepreneurial business venture, seeking to meet a need by developing a viable business model around a product or service
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Success – attainment of wealth, favor, or eminence
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Taxes – Compulsory contribution to state or federal revenue, levied by the government on workers’ income and business profits
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Wage – A payment usually of money for labor or services usually according to contract and on an hourly or daily basis
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Wealth – A large amount of money and possessions : the value of all the property, money and possessions that someone or something has
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Work – Activity that a person engages in regularly to earn a livelihood. To have a job
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