Faculty: Business and managment

The Ministry of Education of the Republic of Azerbaijan

Baku Business University

Faculty: Business and managment

Specialty: Management

Chair: Department of language

Course: 2

Group: 120S

Subject: Business and academic communication in a foreign language

Topic: Money
ABSTRACT
Teacher: Chinara Shahbazli

Student: Agayev Elnur

Bakı-2021

Plan

Introduction

1. Etymology and history of money

2. Money's functions

3. Money supply

4. Money’s types

Result

Literature

Introduction

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 main functions of money are distinguished as: a medium of exchange, a unit of account, a store of value and sometimes, a standard of deferred payment. Any item or verifiable record that fulfils these functions can be considered as money.