What is money? It's definitions

Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts, such as taxes, in a particular country.
It has been defined differently by different economists. While some economist like WALKER has defined money in terms of the functions,  others like KEYNES, COLE, ROBERTSON, etc., have emphasized on the general acceptability aspect of it.
To serve as money, the definition of money should be comprehensive enough to cover all the essential functions that money performs in the economy. 
Definitions of Money:
Money is one such concept which is very difficult to be restricted to some well-defined set of words. It is very easy to understand but difficult to define. Still, a large number of economists have given variety of definitions, some definitions are too extensive while others are too narrow. Various economists like Prof. Walker, Robertson, Seligman, etc., have used different characteristics for defining it.
According to Prof. Walker, “Money is what money does”. It is associated with the functions performed/roles played by money.
However, a suitable definition must be comprehensive and must emphasise not only on the important functions of money but also on its basic characteristics, namely general acceptability. Looking from this criterion, we find Crowther’s definition to be the most suitable.
“Anything that is generally acceptable as a means of exchange (i.e., as a means of settling debts) and that at the same time, acts as a measure and as a store of value.” — Crowther
This definition covers all the three important functions of money and also stresses its basic characteristic, namely general acceptability.

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