(noun) “[A]n object that a society agrees to assign a value to so it can be exchanged as payment” (OpenStax College 2012).
Audio Pronunciation: (mon·ey)
Download Audio Pronunciation: money.mp3
- Plural: moneys or monies
OpenStax College. 2012. Economic Systems. Connexions, July 16, 2012. (http://cnx.org/content/m42922/1.4/).