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what is money and definition of money

Money is defined as anything that is generally acceptable as a medium of exchange and in the settlement of debts Money can also be defined as anything that is generally acceptable as a means of payment. money, a commodity accepted by general consent as a medium of economic exchange. It is the medium in which prices and values are expressed; as currency, it circulates anonymously from person to person and country to country, thus facilitating trade, and it is the principal measure of wealth.

Define money and capital market.

  Identify the types and functions of the institutions.

  Explain the types and features of securities.

  Explain the process of and requirements for accessing the capital market

  List the benefits of the capital market.

fmoney, CAPITAL MARKET. economic wants, money market

Demonstrate the understanding of the meaning, transaction and trading methods in the secondary market.

     DEFINITION OF MONEY

Money is defined as anything that is generally acceptable as a medium of exchange and in the settlement of debts. Monies can also be defined as anything that is generally acceptable as a means of payment. A medium of exchange that is centralized, generally accepted, recognized, and facilitates transactions of goods and services, is known as mony. Money is a medium of exchange for various goods and services in an economy

Define monies and capital market. Identify the types and functions of the institutions. Explain the types and features of securities. Explain the process of and requirements for accessing the capital market List the benefits of the capital market. Demonstrate the understanding of the meaning, transaction and trading methods in the secondary market.

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FUNCTIONS OF MONEY

The basic function of monies is to enable buying to be separated from selling, thus permitting trade to take place without the so-called double coincidence of barter. In principle, credit could perform this function, but, before extending credit, the seller would want to know about the prospects of repayment. That requires much more information about the buyer and imposes costs of information and verification that the use of money avoids. A medium of exchange that is centralized, generally accepted, recognized, and facilitates transactions of goods and services, is known as money.

Money may make the world go around, as the song says. And most people in the world probably have handled monies, many of them on a daily basis. But despite its familiarity, probably few people could tell you exactly what money is, or how it works.

types of money

Bank money

Bank money consists of the book credit that banks extend to their depositors. Transactions made using checks drawn on deposits held at banks involve the use of bank monies which most financial institutions view differently

virtual money

Fiat money or currency isn’t virtual as it has to be tangible but recent innovation has seen the creation of virtual currency or virtual monies. Virtual currency or virtual money, is a type of unregulated digital currency, which is issued and usually controlled by its developers and used and accepted among the members of a specific virtual community. This type was the beginning of cryptocurencies and crypto mining like bitcoin, etheron and the rest of their likes

Commodity monies

Commodity money is a good whose value serves as the value of monies. Gold coins, silver coins etc are an example of commodity money. In most countries, commodity money has been replaced with fiat money. In commodity monies, the what of what you want to buy or purchase is equal to the value of the commodity money you are holding which almost look like trade by barter

Fiat money

Fiat money is a good, the value of which is less than the value it represents as monetary tender. dollar bill notes are an example of fiat money because their value as slips of printed paper is less than their value as monies 

  1. economic tools for nation building
  2. budgeting
  3. factors affecting the expansion of industries
  4. mineral resources and the mining industries
  5. demand and supply
  6. types of demand curve and used
  7. advertising industry
  8. factors of production
  9. entrepreneur
  10. joint stock company
  11. public enterprises
  12. private enterprises
  13. limited liability companies
  14. migration
  15. population
  16. market concept
  17. money market
  18. shares
  19. how companies raises funds for expansion
  20.  

WEED AND THEIR BOTANICAL NAMES
1. ENVIRONMENTAL FACTORS AFFECTING AGRICULTURAL PRODUCTION
2. DISEASES
3. 52. SOIL MICRO-ORGANISMS
4. ORGANIC MANURING
5. FARM YARD MANURE
6. HUMUS
7. COMPOST
8. CROP ROTATION
9. GRAZING AND OVER GRAZING
10. IRRIGATION AND DRAINAGE
11. IRRIGATION SYSTEMS
12. ORGANIC MANURING
13. FARM YARD MANURE
14. HUMUS
15. COMPOST
16. CROP ROTATION

  1. IRRIGATION AND DRAINAGE
    19. IRRIGATION SYSTEMS
    20. INCUBATORS
    21. MILKING MACHINE
    22. SIMPLE FARM TOOLS
    23. AGRICULTURAL MECHANIZATION
    24. THE CONCEPT OF MECHANIZATION
    25. PROBLEMS OF MECHANIZATION
    26. SURVEYING AND PLANNING OF FARMSTEAD
    27. IMPORTANCE OF FARM SURVEY
    28. SURVEY EQUIPMENT
    29. PRINCIPLES OF FARM OUTLAY
    30. SUMMARY OF FARM SURVEYING
    31. CROP HUSBANDRY PRACTICES
    32. PESTS AND DISEASE OF MAIZE- ZEA MAYS
    33. CULTIVATION OF MAIZE CROP
    34. OIL PALM
    35. USES OF PALM OIL
    36. MAINTENANCE OF PALM PLANTATION
    37. COCOA
  2.  


38.
39. PROCESSES IN COCOA CULTIVATION
HOLING AND LINING
40. YAM
41. LAND PREPARATION FOR YAM
42. DEPT OF PLANTING
43. SPACING OF YAM
44. PLANTING DEPT OF YAM
45. STORAGE OF YAM
46. STAKING OF YAM
47. HARVESTING OF YAM
48. COWPEA
JUTE
49. FORAGE CROP AND PASTURE
50. FORAGE GRASSES
51. SILAGE
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