Medium of exchange
id:
medium-of-exchange-317-5898688
title:
Medium of exchange
text:
In economics, a medium of exchange is any item that is widely acceptable in exchange for goods and services. In modern economies, the most commonly used medium of exchange is currency. Most forms of money are categorised as mediums of exchange, including commodity money, representative money, cryptocurrency, and most commonly fiat money. Representative and fiat money most widely exist in digital form as well as physical tokens, for example coins and notes. The origin of "mediums of exchange" in
brand slug:
wiki
category slug:
encyclopedia
description:
Method by which value is transferred between parties.
original url:
https://en.wikipedia.org/wiki/Medium_of_exchange
date created:
date modified:
2024-03-19T08:33:09Z
main entity:
{"identifier":"Q11105360","url":"https://www.wikidata.org/entity/Q11105360"}
image:
fields total:
13
integrity:
14