Money / Meaning of Money

2. Presented by
The Aluno
 Muzammil Faisal D4F17ASOC0035
 Kashif Mahmood D4F17ASOC0025
 Ishaq Zahoor D4F17ASOC0033
 Waleed Ahmed D4F17ASOC0017
 Muhammad Asim D4F17ASOC0072
 Atif Maqsood D4F17ASOC0079

3. KASHIF MAHMOOD
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4. Meaning
of Money

5. Money Any medium that is
universally accepted
in an economy both by
sellers of goods and
services and by creditors
as payment for debts
 A current medium of
exchange in the form of
coins and banknotes;
coins and banknotes
collectively.

6. History of Money
The word "money" is
believed to originate from
a temple of Juno,(which is located
in Italy) on Capitoline, one of
Rome's seven hills. In the
ancient world Juno was
often associated with
money.
(A 640 BC one-
third stator electrum coin
from Lydia)

7. MUZAMMIL FAISAL
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8. Types of Money
Commodity (Barter system)
 Metallic Money
Paper Money
 Credit Money

9. Barter system
 The direct
exchange of
goods and
services for
other goods
and services
without the
use of money

10. Metallic Money
 Money made of
any metal is
called metallic
money. It refers
to coins made of
various metals
like gold, silver,
nickel, copper,
etc.

11. Paper Money
 Paper money is a
medium of
exchange for
goods or services
within an economy.
It is printed on
paper, rather than
in coin form.

12. Credit Money
 It is kind of money
which has no legal
cover but circulates
in the country just
because of trust or
belief. Cheques,
Drafts, Credit
Cards and Bills of
Exchange etc.

13. MUHAMMAD ASIM
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14. Importance of
Money
If you have lots of money:-,
 You won’t be facing basic problems of
life like food, water, shelter or clothing.
 You can buy all items for your comfort
like house, Air-conditioners, TV and
other household goods to live
comfortably.
 You can engage many servants to take
care of you and live like a king

15.  The only problem is that
money does not come
just like that to any
person by any amount of
wishing, praying or
wanting. You have to
work hard and compete
with fellow human beings
to earn money as
the supply of money is
limited in this world but
the demand of money
is unlimited.

16. ISHAQ ZAHOOR
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17. Function of
Money
Medium of exchange
Unit of accounting
Store of value (purchasing power)
Standard of deferred payment

18. Medium of Exchange
Any item
that sellers
will accept
as payment

19. Unit of Accounting
A measure by
which prices are
expressed
The common
denominator of the
price system
A central property
of money

20. Store of Value
The ability to hold
value over time
A necessary
property of money
Money allows you
to transfer value
(wealth) into the
future.

21. Standard of Deferred
Payment
 A property of an
item that makes it
desirable for use
as a means of
settling debts
maturing in the
future

22. WALEED AHMED
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23. Liquidity
The degree to
which an asset
can be acquired or
disposed of
without much
danger of any
intervening loss in
nominal value and
with small
transaction costs
Money is the most
liquid asset.

24. Properties of Money
 Durability: able to withstand repeated
use.
 Portability: easily carried and
transported.
 Recognizability: its value must be
easily identified.
 Stability of value: its value should not
fluctuate