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 or socio-economic context. The primary functions which distinguish money are: medium of exchange , a unit of account , a store of value and sometimes, a standard of deferred payment .
Money was historically an emergent market phenomenon that possessed intrinsic value as a commodity ; nearly all contemporary money systems are based on unbacked fiat money without use value . Its value is consequently derived by social convention, having been declared by a government or regulatory entity to be legal tender ; that is, it must be accepted as a form of payment within the boundaries of the country, for "all debts, public and private", in the case of the United States dollar .
The money supply of a country comprises all currency in circulation (banknotes and coins currently issued) and, depending on the particular definition used, one or more types of bank money (the balances held in checking accounts , savings accounts , and other types of bank accounts ). Bank money, whose value exists on the books of financial institutions and can be converted into physical notes or used for cashless payment , forms by far the largest part of broad money in developed countries. (Full article... )
Captain Euro is a fictional comic book superhero character, created in 1999 as a way to promote the European Union , and specifically the launch of the Euro , the single European currency that arrived in 2002. The character has been featured on a website (first at captaineuro.com, later at captaineuro.eu) since 1999. Captain Euro has been featured on comic books and comic strips available on its website and as comic books on Amazon. The website's contents are available only in English.
Captain Euro, the campaign, website and all the additional characters ans storylines were created by Nicolas De Santis of the consulting firm Twelve Stars for the EU. Twelve Stars was already working for the EU in various identity and brand projects, including with the European Parliament . (Full article... )
The Latvian lats (plural: lati , plural genitive: latu , second Latvian lats ISO 4217 currency code: LVL) was the currency of Latvia from 1922 until 1940 and from 1993 until it was replaced by the euro on 1 January 2014. A two-week transition period during which the lats was in circulation alongside the euro ended on 14 January 2014. The lats is abbreviated as Ls and was subdivided into 100 santīmi (singular: santīms ; from French centime ), abbreviated as an s after the santīm amount.
The Latvian lats has been recognized as one of the 99 entries of the Latvian Culture Canon . (Full article... )
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The following are images from various currency-related articles on Wikipedia.
Image 1 Tibetan undated silver tangka, struck in 1953/54, obverse. (from
Tibetan tangka )
Image 2 Tibetan kong par tangka, dated 13-45 (= AD 1791), reverse (from
Tibetan tangka )
Image 3 Song Dynasty
Jiaozi , the world's earliest paper money (from
Money )
Image 4 Tibetan silver tangka with Ranjana (Lantsa) script, dated 15-28 (= AD 1894), reverse (from
Tibetan tangka )
Image 5 Punch-marked coins discovered from
Chandraketugarh . (from
Punch-marked coins )
Image 7 A person counts a bundle of different
Swedish banknotes. (from
Money )
Image 8 President
J. K. Paasikivi illustrated in a former Finnish
10 mark banknote from 1980 (from
Money )
Image 9 Banknotes of different currencies with a face value of 5000 (from
Money )
Image 10 Ancient Jewish coin , engraved
menorah , from the
Hasmoneon kingdom 37-40 BCE (from
Money )
Image 11 “Babyal Hoard” type, of the Kuru Janapada (350 - 315 BCE) (from
Punch-marked coins )
Image 12 Tenga of
Muhammad Khudayar Khan , struck at the Kokand mint, dated 1862–1863 (from
Kokand tenga )
Image 13 Huizi currency , issued in 1160 (from
Money )
Image 14 A check, used as a means of converting funds in a
demand deposit to cash (from
Money )
Image 15 Sino Tibetan silver tangka, dated 58th year of Qian Long era, obverse. Weight 5.57 g. Diameter: 30 mm (from
Tibetan tangka )
Image 16 Tibetan undated silver tangka (2nd half of 18th century) with eight times the syllable "dza" in vartula script, reverse (from
Tibetan tangka )
Image 17 Tibetan "gaden" Tangka, undated (ca. AD 1840), obverse (from
Tibetan tangka )
Image 18 Gold coins are an example of legal tender that are traded for their intrinsic value, rather than their face value. (from
Money )
Image 19 Paper money from different countries (from
Money )
Image 20 "Bent bar" of the Gandhara Janapda unearthed with Achaemenid and Greek coins,
Gandhara , c.350 BC. (from
Punch-marked coins )
Image 21 US dollar banknotes (from
Money )
Image 22 Undated Kelzang tangka (1910), obverse (from
Tibetan tangka )
Image 23 A 640 BC one-third
stater electrum coin from
Lydia . According to
Herodotus , the
Lydians were the first people to introduce the use of
gold and
silver coins . It is thought by modern scholars that these first stamped
coins were minted around 650 to 600 BC. (from
Money )
Image 24 Tibetan undated silver tangka (2nd half of 18th century) with eight times the syllable "dza" in vartula script, obverse (from
Tibetan tangka )
Image 25 Money Base, M1 and M2 in the U.S. from 1981 to 2012 (from
Money )
Image 26 Undated Kelzang tangka (1910), reverse (from
Tibetan tangka )
Image 27 A 1914 British
gold sovereign (from
Money )
Image 28 Silver, ½ Karshapana coin, “Babyal Hoard” type, of the Kuru Janapada (450 BC - 315 BC) (from
Punch-marked coins )
Image 29 Tibetan kong par tangka, dated 13-45 (= AD 1791), obverse (from
Tibetan tangka )
Image 30 Tibetan "gaden" Tangka, undated (ca. AD 1840), reverse (from
Tibetan tangka )
Image 31 Printing paper money at a printing press in
Perm (from
Money )
Image 32 Sino Tibetan silver tangka, dated 58th year of Qian Long era, reverse. Weight 5.57 g. Diameter: 30 mm (from
Tibetan tangka )
Image 33 A hoard of mostly
Mauryan punch-marked coins (from
Punch-marked coins )
Image 34 Tibetan undated silver tangka, struck in 1953/54, reverse. (from
Tibetan tangka )
Image 35 Tibetan silver tangka with Ranjana (Lantsa) script, dated 15-28 (= AD 1894), obverse (from
Tibetan tangka )
25 June 2025 – Anti–money laundering § United States , War on drugs § Mexico
Mexican banks CIBanco, Intercam Banco, and Vector Casa de Bolsa—the latter owned by Alfonso Romo , former Chief of Staff to President Andrés Manuel López Obrador —are sanctioned by the United States government over alleged money laundering for drug cartels . Mexican president Claudia Sheinbaum requests that the U.S. government provide evidence. (MSN) (Al Jazeera) (Forbes)
28 May 2025 – Corruption in Albania
Former Albanian president Ilir Meta is formally charged with corruption , money laundering , tax evasion , and concealing property from authorities. The charges were detailed in a report from anti-corruption prosecutors. Meta was arrested in October. (AP)
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