This document defines money and discusses its key functions. It notes that money serves as a medium of exchange, unit of account, standard of deferred payment, store of value, and means of transferring value. Money includes cash money created by central banks and governments as well as credit money created by commercial banks through loans. Narrow money supply (M1) consists of currency and demand deposits, while broad money supply (M2) includes M1 plus other deposits. The value and forms of money vary between legal tender created by authorities and conventional forms accepted privately.
Money, Medium of Exchange, Unit of Account, Deferred Payment, Types of Money, Commodity Money, Full-bodied Money, Paper Money, Fiat Money, Fiat Money: token coins, Check-able Deposits, Physical Properties of Money,
Money, Medium of Exchange, Unit of Account, Deferred Payment, Types of Money, Commodity Money, Full-bodied Money, Paper Money, Fiat Money, Fiat Money: token coins, Check-able Deposits, Physical Properties of Money,
I’m a young Pakistani Blogger, Academic Writer, Freelancer, Quaidian & MPhil Scholar, Quote Lover, Co-Founder at Essar Student Fund & Blueprism Academia, belonging from Mehdiabad, Skardu, Gilgit Baltistan, Pakistan.
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I’m a young Pakistani Blogger, Academic Writer, Freelancer, Quaidian & MPhil Scholar, Quote Lover, Co-Founder at Essar Student Fund & Blueprism Academia, belonging from Mehdiabad, Skardu, Gilgit Baltistan, Pakistan.
I am an academic writer & freelancer! I can work on Research Paper, Thesis Writing, Academic Research, Research Project, Proposals, Assignments, Business Plans, and Case study research.
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I’m a young Pakistani Blogger, Academic Writer, Freelancer, Quaidian & MPhil Scholar, Quote Lover, Co-Founder at Essar Student Fund & Blueprism Academia, belonging from Mehdiabad, Skardu, Gilgit Baltistan, Pakistan.
I am an academic writer & freelancer! I can work on Research Paper, Thesis Writing, Academic Research, Research Project, Proposals, Assignments, Business Plans, and Case study research.
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I’m a young Pakistani Blogger, Academic Writer, Freelancer, Quaidian & MPhil Scholar, Quote Lover, Co-Founder at Essar Student Fund & Blueprism Academia, belonging from Mehdiabad, Skardu, Gilgit Baltistan, Pakistan.
I am an academic writer & freelancer! I can work on Research Paper, Thesis Writing, Academic Research, Research Project, Proposals, Assignments, Business Plans, and Case study research.
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Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
What are the main advantages of using HR recruiter services.pdfHumanResourceDimensi1
HR recruiter services offer top talents to companies according to their specific needs. They handle all recruitment tasks from job posting to onboarding and help companies concentrate on their business growth. With their expertise and years of experience, they streamline the hiring process and save time and resources for the company.
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Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
Unveiling the Secrets How Does Generative AI Work.pdfSam H
At its core, generative artificial intelligence relies on the concept of generative models, which serve as engines that churn out entirely new data resembling their training data. It is like a sculptor who has studied so many forms found in nature and then uses this knowledge to create sculptures from his imagination that have never been seen before anywhere else. If taken to cyberspace, gans work almost the same way.
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Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
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1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
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What is the TDS Return Filing Due Date for FY 2024-25.pdfseoforlegalpillers
It is crucial for the taxpayers to understand about the TDS Return Filing Due Date, so that they can fulfill your TDS obligations efficiently. Taxpayers can avoid penalties by sticking to the deadlines and by accurate filing of TDS. Timely filing of TDS will make sure about the availability of tax credits. You can also seek the professional guidance of experts like Legal Pillers for timely filing of the TDS Return.
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Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
2. Money
Definition
• Amedium of exchange.
• With the help of money any exchange of goods and
services can take place.
• Money is said to be the most liquid asset among all
the assets of a man.
• It has general acceptability as a means of payment
and liquid characteristic. Keynes called this
Liquidity preference.
4. Money
• Generally money is created by the Central Bank
or the Government of a country.
• These are legal tender money as there is legal
compulsion for their acceptance.
• They also called as Cash Money.
• Another considerable flow of money is Credit
Money—created by the commercial banks by their
loan transactions
6. Money
• Money is regarded any object which is generally
accepted as:
• medium of exchange
• unit of account i.e. common measure of value
• standard of deferred payment
• store of value
• transfer of value.
10. Primary Functions
• As medium of exchange, money is used as a means
of payment.
• As money has ready purchasing power, it facilitates
in transacting exchange of goods and services with
minimum effort and time.
11. Primary Functions
• As unit of account, money is treated as common
measure of value.
• value of all goods and services in exchange can be
expressed in terms of money.
• Such expression gives rise to price system in which
money act as a means of calculating the relative
prices as absolute prices of goods and services.
13. Secondary Functions
• As standard of deferred payment, money
can be used in the settlement of debt and future
payments.
• Loans are advanced and future contracts
are settled in terms of money.
14. Secondary Functions
• As store of value, money is hold as an asset in
liquid (or cash balance) to use anytime in future.
• This is because money has purchasing power
which holds commands over goods and services
all time – at present and in future.
• However use of money as store of value is not
without drawbacks. Changes in general price
level causes rise and fall in the value of money.
When price level rises, value of money falls and
vice versa.
16. Secondary Functions
• As transfer of value, sale and purchase of
movable and immovable assets, paper wealth
and physical wealth can be made with the help
of money.
• Thus, value available in the form of asset
can be transferred from one person to
another with the use of money.
18. Value Of Money
• It means Exchange Value.
• It implies how much of goods and services can
be obtained in-exchange of a unit of money.
• Value of money is inverse of price.
• When price level increases, the value of money
decrease and vice versa.
20. Forms of Money
• The total money supply of a country can
broadly be classified into two groups —
• Cash Money and Credit Money.
• It also includes all other financial assets.
• The degree of moniness varies widely from
asset to asset.
23. Forms of Money
• In modern monetary transactions, the total
stock of money or money supply includes
the following:
• Metallic money or currency coins
• Standard or Full-bodied Coins.
• Token coins
• Paper Money Or Paper Currency
• Credit Or Bank Money
25. Metallic Money Or Currency Coins
• It refers to the coins made out of metal like
gold, bronze, silver, copper, nickel.
• Standard or Full-bodied Coins are those coins
whose face value is equal to its intrinsic
(metallic) value.
• Token coins have intrinsic (metallic) value less
than its face value.
• They generally are of lower denominations are
made of cheap metals like nickel and copper.
• Token coins are used for exchange of small value.
30. Credit Or Bank Money
• Bank demand deposits withdraw-able by
issuing cheque has started functioning as
money, and cheque are conventionally
accepted as a means of payment by the
business community in general.
32. Forms of Money
• In short, anything and everything that has
served as money is generally recognized and
accepted as means of payments. But all can
serve a good money.
• Good money should poses the attributes of
general acceptability, cognizability (capable
of being known), portability, divisibility,
durability, uniformity, adequacy and
stability of value.
34. Legal Tender And Conventional Money
• In modern era, currency money and bank
money together constitute the total stock of
money or money supply.
• Currency money (both currency coins and
currency notes) is legal tender money or fiat
• money and has general acceptability.
• Credit money or bank demand deposits are
conventional money and lacks general
acceptability.
36. Money Supply
• The total stock of money circulating in an
economy is the money supply.
• The circulating money involves the currency,
printed notes, money in the deposit accounts
and in The form of other liquid assets.
• Monetary policy of a country is concerned with
the supply of money.
• Narrow money supply is called M1 It consists
of notes and coins in circulation and demand
deposits with banks and central bank.
38. Money Supply
• As they are quickly and easily used for
transactions, they are called transactions
money.
• Broad money supply, M2, consists of M1 Plus
other deposits (savings deposits, time deposits,
etc.).
• There are some differences in the definitions of
money supply from country to country.
• To give the best definition of money supply, we
like to refer the money supply as currency held by
The public, plus deposits.