Difference between revisions of "Currency"
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Currency is a unit of money that facilitates the purchase of goods or services. Each modern nation has one currency, such as the US [[dollar]] in the [[United States]], the pound sterling in [[The United Kingdom]], and the [[Euro]] in several countries across [[Europe]]. | Currency is a unit of money that facilitates the purchase of goods or services. Each modern nation has one currency, such as the US [[dollar]] in the [[United States]], the pound sterling in [[The United Kingdom]], and the [[Euro]] in several countries across [[Europe]]. | ||
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| + | In economic terminology, currency is paper money but not coins. | ||
[[Category:Currency| ]] | [[Category:Currency| ]] | ||
Revision as of 11:51, May 5, 2007
Currency is a unit of money that facilitates the purchase of goods or services. Each modern nation has one currency, such as the US dollar in the United States, the pound sterling in The United Kingdom, and the Euro in several countries across Europe.
In economic terminology, currency is paper money but not coins.