Money
As my post is related to money, so first of all my understanding of money is... "Money is nothing but a medium of exchange of our need with someone else"
Our life is based on necessities like foods, water, clothes, home and other luxuries. We demand all these to get comfortable in life. But as we all know that resources of necessities are limited, so we need to distribute all the necessities with the help of any medium. Money, here helps us to exchange all the necessities with each other. We never consume money directly. We always give or pay money to get our necessities. So "Money is a medium of exchange of Goods and Services. Where we get our demands with exchange of money."
We can not assume a particular things as a money because now a day money has different type and shape. As time is changing, money is also changing its form like virtual money, electronic money etc.
Lets go deep about money, so the particular word "Money" came from the word "Moneta" which is name of Roman mythological goddess "Juno Moneta". Goddess Juno is sign of memory and prosperity. Romanian used to coinage coins in Juno temple. As time passed, the roman word Moneta came in english language and become Money.
Thanks
Saurav...
As my post is related to money, so first of all my understanding of money is... "Money is nothing but a medium of exchange of our need with someone else"
Our life is based on necessities like foods, water, clothes, home and other luxuries. We demand all these to get comfortable in life. But as we all know that resources of necessities are limited, so we need to distribute all the necessities with the help of any medium. Money, here helps us to exchange all the necessities with each other. We never consume money directly. We always give or pay money to get our necessities. So "Money is a medium of exchange of Goods and Services. Where we get our demands with exchange of money."
We can not assume a particular things as a money because now a day money has different type and shape. As time is changing, money is also changing its form like virtual money, electronic money etc.
Lets go deep about money, so the particular word "Money" came from the word "Moneta" which is name of Roman mythological goddess "Juno Moneta". Goddess Juno is sign of memory and prosperity. Romanian used to coinage coins in Juno temple. As time passed, the roman word Moneta came in english language and become Money.
Thanks
Saurav...
Such a practical definition of Money was not even there in academic books. Your blogs are interesting and meaningful. Keep posting. Looking forward to read more...
ReplyDeleteThank you for such a motivational comments.. Here I will try to cover all the aspects of difficult monetary term in easy way..
DeleteThis comment has been removed by the author.
ReplyDeleteSimple words with deep enriching meaning. Keep up the good work.
ReplyDeleteThis is direct definition which can be easily understandable by everyone even if without having any knowledge about monetary terms. Thank you sir
ReplyDelete