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Topic: Representative money


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In the News (Sun 29 Nov 09)

  
  Money   (Site not responding. Last check: 2007-11-01)
Money is one of the most central topics studied in economics and forms its most cogent link to finance.
Credit money often exists in parallel with other money such as fiat money or commodity money, and from the user's point of view is indistinguishable from it.
It tends to exist in parallel with another form of money such as fiat money or commodity money, wherever banking-style loans are used, and occurs as a by-product of lending.
www.gogoglo.com /wiki/en/wikipedia/m/mo/money.html   (4166 words)

  
  Money - Wikipedia, the free encyclopedia
Money is one of the most central topics studied in economics and forms its most cogent link to finance.
According other fables, inventors of money were Demodike(or Hermodike) of Kyme (the wife of Midas), Lykos (son of Pandion II and ancestor of the Lycians) and Erichthonius, the Lydians or the Naxians.
It tends to exist in parallel with another form of money such as fiat money or commodity money, wherever banking-style loans are used, and occurs as a by-product of lending.
en.wikipedia.org /wiki/Money   (5996 words)

  
 Money - Facts, Information, and Encyclopedia Reference article
According other fables, inventors of money were Demodike(or Hermodike) of Kyme (the wife of Midas), Lykos (son of Pandion II and ancestor of the Lycians) and Erichthonius, the Lydians or the Naxians.
By law the refusal of "legal tender" money in favor of some other form of payment is illegal, and has at times in history (Rome under Diocletian, and post-revolutionary France during the collapse of the assignats) invoked the death penalty.
Bank savings are actually a kind of loans — savers loan their money to a bank at a low interest rate or merely in exchange for the benefit of convenience or its security (accepting that they lose a small amount of value to inflation).
www.startsurfing.com /encyclopedia/m/o/n/Money.html   (6012 words)

  
 Money article - Money General definition money Essential characteristics money Related - What-Means.com   (Site not responding. Last check: 2007-11-01)
When using money substitutes in such a way as to leave a financial record of the transaction, the most common methods are cheques, debit cards, credit cards, and digital cash.
Another way money can be destroyed is when any bank loan is paid off or defaulted upon or any government bond is redeemed the money value of the contract or bond is destroyed — taken out of circulation.
Money is an agreement within a community to use something as a medium of exchange.
www.what-means.com /encyclopedia/Money   (3782 words)

  
 MONEY - LoveToKnow Article on MONEY   (Site not responding. Last check: 2007-11-01)
The position of money as the medium of exchange introduces a further novel feature; for the market in its case is world-wide and the demand is unceasing; money is consequently in a constant state of supply and demand.
That the material of money shall be the same throughout, so that one unit shall be equal in value to another, is a further desideratum, which is as decidedly lacking in cattle-currency as it is prominent in the metals.
Similarly, the analogy between representative money and token money is deserving of attention, and suggests the desirability of the latter being regarded as in some respects a fiduciary issue, for which the issuing authority incurs responsibility.
52.1911encyclopedia.org /M/MO/MONEY.htm   (21106 words)

  
 Money
Money is an intermediary that serves as a medium of exchange, unit of account, standard of deferred payment and a store of value.
Money is one of the central topics studied in economics.
It tends to exist in parallel with another form of money such as fiat money or commodity money, wherever banking style loans are used, and occurs as a byproduct of lending.
www.fastload.org /mo/Money.html   (1846 words)

  
 Jevons, Money and the Mechanism of Exchange, Chapter 16: Library of Economics and Liberty
Although we now distinguish money according as it is metallic or paper money, because paper has in recent times been universally adopted as the material for representative money, yet it is well to remember that various other substances have been used for the purpose.
The iron money of the Byzantines, on the contrary, was token representative money.
The issue of paper representative money is beneficial to all parties, provided that it be conducted upon a sound method of regulation, a subject upon which the greatest differences of opinion exist.
www.econlib.org /library/YPDBooks/Jevons/jvnMME16.html   (2572 words)

  
 sociology - Money
Money in theory is an agreement within a community, to use something as a medium of exchange.
Money material, produced by this small minority, is used within an economy as the exclusive medium of exchange and acts as intermediary market good.
When using money substitutes in such a way as to leave a financial record of the transaction, the most common methods are checks, debit cards, credit cards, and digital cash.
www.aboutsociology.com /sociology/Money   (5008 words)

  
 Fiat Money
Anciently money was unknown, and there existed no terms by which merchandise could be precisely valued, but every one, according to the wants of the time and circumstances, exchanged things useless to him, against things which were useful; for it commonly happens that one is in need of what another has in excess.
In spite of a constitutional bar to un-backed paper money which existed at the time Abraham Lincoln was forced, in 1862, to issue the first trance of what was eventually $450,000,000 of "greenbacks" needed to finance the North's efforts during the civil war.
This brief treatment of the history of money reinforces that gold is simply not practicable as a universal money, but that it operates as an occasional money for rich trading societies, and more commonly as an agent of transfer during periods of currency implosion - whether hyperinflationary, political, or military.
www.baldwintrustgroup.org /Money/fiat_money.htm   (6972 words)

  
 Commodity money   (Site not responding. Last check: 2007-11-01)
Commodity money is to be distinguished from representative money which is a certificate or token which can be exchanged for the underlying commodity.
Although commodity money is more convenient than barter, it can be inconvenient to use as a medium of exchange or a standard of deferred payment due to the transport and storage concerns.
Finally, commodity money is undergoing a more direct revival thanks to theorists of green economics, natural capitalism and global resource banking, some of whom suggest a form of money based on ecological yield.
www.worldhistory.com /wiki/C/Commodity-money.htm   (1250 words)

  
 [No title]
Primitive Money Any commodity can serve as money as long as people have confidence in its value and are willing to accept the commodity in payment for a debt.
Physical Money (Currency) Full-bodied money is money that has an intrinsic value equal to or almost equal to its face value.
Fiat money is money because a government requires citizens to accept the money in payment for debt.
courses.dsu.edu /finance/BUS415/notes/chap1/whatis.doc   (300 words)

  
 Money
Money is an intermediary that serves as a medium of exchange, unit of account, standard of deferred payment and a store of value.
Money is one of the central topics studied in economics.
It tends to exist in parallel with another form of money such as fiat money or commodity money, wherever banking style loans are used, and occurs as a byproduct of lending.
www.findword.org /mo/money.html   (2130 words)

  
 Introduction to Macroeconomics - Chapter 11
There are two primary problems with commodity money: there is an opportunity cost of using commodities as money and changes in the supply and demand of the commodity affect the value of the currency, which may be beyond the control of the government.
Fiat money is similar to representative money (it is paper or coins made from inexpensive metals) except that it can't be redeemed for a commodity, such as gold and silver.
Fiat money is backed only by "full faith and credit of the government." Fiat money is money not simply because of government decree but because it is accepted by people as money.
mason.gmu.edu /~tlidderd/104/ch11Lect.html   (6367 words)

  
 Introduction to Macroeconomics - Chapter 26
Representative money is tokens or paper that are not intrinsically valuable themselves, but can be exchanged for a specific commodity, such as gold or silver.
Fiat money is similar to representative money except that it can't be redeemed for a commodity, such as gold and silver.
Periodically we see a movement in Congress to return to representative money, or what is called the "gold standard" A gold standard is promoted as a way of restraining the government's ability to print money (go into debt).
mason.gmu.edu /~tlidderd/104/ch26Lect.html   (1707 words)

  
 Understanding Capitalism Part II: Personal Property, Money and Finance
Money was often reserved for important ceremonial purposes, such as contributing to priests or for dowry payments; it was not used in everyday transactions.
Money itself is not generally valuable, though in the case of cattle and some other forms of money there is arguably an intrinsic value in the object itself, the main function of money is to represent some other form of value.
Money is a means to represent that value in order to make economic transactions more convenient, but at the same time, by creating a representative of value that is separate from the "object" abuses and distortions of the economic system are also made "more convenient".
www.rationalrevolution.net /articles/capitalism_property.htm   (7172 words)

  
 Jevons, Money and the Mechanism of Exchange, Chapter 15: Library of Economics and Liberty
Having now sufficiently discussed the subject of metallic money, we pass on to consider the devices which naturally develop themselves in a highly organized commercial nation, for the purpose of economizing the precious metals, or even avoiding the use of coins altogether.
At the outset we found that money performed at least two, and probably four distinct functions (Chapter III.); and, in a simple state of industry, it is convenient that the same metallic substance should fulfil all these functions concurrently.
But nations employing gold and silver money have usually discovered, in the course of time, that tokens of small metallic value, or even pieces of leather and paper of nominal value, might be passed from hand to hand as signs of the ownership of coins.
www.econlib.org /LIBRARY/YPDBooks/Jevons/jvnMME15.html   (925 words)

  
 Honest Money Report - "Gold's Hidden Secret" by Douglas V. Gnazzo 12/15/2005
Money that circulates only because it has been forced upon the people by legal tender laws is not Honest Money.
When money can be created out of thin air, and loaned out with interest, no means of production can overcome such a hideous monetary system that sucks the blood of life (purchasing power) out of its unwary host.
When money is created by the monetization of government debt, those under its shadow are involved in a vicious game that cannot be won.
www.honestmoneyreport.com /archives/2005/1215.html   (3559 words)

  
 Archives: Story
Money added that the West Memphis facility is only one of two shelters in the Mid-South that allows blankets and toys for its dogs.
Money also said being able to give such comfort items to the dogs makes life more bearable for the shelter workers and animal officers as well.
Money added that the West Memphis shelter is a model for all Mid-South shelters and many other facilities have modeled their shelter after this place, the furthest being in Oxford, Miss.
www.theeveningtimes.com /articles/2003/12/23/news/news1.txt   (1233 words)

  
 $9,000 added to estate returns   (Site not responding. Last check: 2007-11-01)
In one of those he served as a disabled teenager's conservator, in another he was the personal representative.
He then sold the Inkster house to a former coworker, Darlene Summerfield, financing her $32,000 mortgage with money he took from another estate where he was serving as personal representative.
Cushingberry borrowed money from his other estates to hire a construction company to repair the home, but then he ran into problems with the construction company's work.
www.freep.com /news/locway/cush2_20000902.htm   (445 words)

  
 marshall
Canadian Tire Money is a form of representative money.
One of the functions of commodity money such as gold and silver, we are told by the so called experts, is that it can store value.
Representative money acts more like a language, as a translator and transmitter of current valuables.
www.cyberclass.net /marshall.htm   (1659 words)

  
 History of Money, Coins and Paper Money Part II
The history of money is a general article not specific to German paper money.
General history of money - Part II Continuation of Part I: Bartering and Commodity money.
Metal based coins had the advantage of carrying their value within the coins themselves - they induced on the other hand manipulations: the clipping of coins in attempts to get and recycle the precious metal.
www.germannotes.com /hist_money_history2.shtml   (582 words)

  
 ReDemocracy: Reclaiming representative democratic government from the neo conservative reactionaries
When tested at state level(s) and made to work, we should do the same at the national level, vesting ratification or rejection of House of Representatives proposed, debated, and packaged legislation with and by the people directly on a legislative ratification calendar to be determined (monthly, quarterly, semi-annually or annually) by the people.
In other words, the more money a representative or senator receives from a source or interest, the greater likelihood that his or her vote will reflect the interests of the giver relative to the issue or legislation.
Most major national polls on social and economic issues suggest that the American electorate is fair minded, educatable and competent on critical and important issues and is capable of understanding the complexities of proposed legislation., without being unduly mislead by political and media rhetoric or manipulation (at least no more so then the legislatures are).
www.autobuyology.org /car15.html   (2921 words)

  
 Money Concepts
ACB Business Partners is the business subsidiary of America's Community Bankers, a national trade association representing the nation's community banks.
Money Concepts Capital Corp., one of the worlds leading providers of financial services, gives you the experienced investor access to high quality and cost effective means for managing your investments.
Money Concepts Capital Corp., one of the worlds leading providers of financial services, gives you access to high quality and cost effective means for monitoring your investments.
www.moneyconcepts.com /content/netexchange   (428 words)

  
 Consumer Views of Representative Payee Use of Disability Funds to Leverage Treatment Adherence -- Elbogen et al. 56 ...
A representative payee is an individual or institution that
they felt money was useful as leverage for treatment adherence.
Brotman, AW, Muller JJ: The therapist as representative payee.
ps.psychiatryonline.org /cgi/content/full/56/1/45   (3059 words)

  
 GE Money : What We Offer : Personal Financing : Home Loans
Your friendly local GE Money representative can offer a wide choice of easy home loans and financing options to suit your needs.
Please contact your local GE Money representative for details.
Unlock the equity in your home with a loan or line of credit that provides you money when you need it.
global.gemoney.com /whatweoffer/personal/homeloans.html   (293 words)

  
 Program Record for Representative Payee / Money Management Program
Program staff serve as representative payee for individuals when Social Security deems it necessary.
This data base includes primarily agencies and programs physically located in Cambridge and Somerville, and does not necessarily include programs in Boston or other surrounding communities which might routinely offer services to Cambridge or Somerville residents.
The sponsors of this data base have attempted to ensure that information is accurate, and we would appreciate any feedback which could help improve the quality of that information.
www.mnip-net.org /cambridge/cambridgeRDB.nsf/printview/02-12-031303   (219 words)

  
 Iowa Code 1999: Section 56.15
All contributions made under this subsection are subject to the disclosure requirements of this chapter.
A committee member, committee employee, committee representative, candidate, or representative referred to in subsection 2 lawfully may solicit, request, and receive money, property and other things of value from a committee sponsored by an insurance company, savings and loan association, bank, credit union, or corporation as permitted by this subsection.
A nonprofit corporation or organization may use contributions solicited or received to support or oppose ballot issues but the expenditures shall be disclosed by the nonprofit corporation or organization in the manner provided for a permanent organization temporarily engaged in a political activity under section 56.6.
www.legis.state.ia.us /IACODE/1999/56/15.html   (338 words)

  
 Money - ExampleProblems.com
The origin of the word "money" comes from the Latin word "moneta", which comes from the temple of Hera the Moneta where the Roman money came from, in the early days of Rome.
To the winner, I will give some of the hidden manna and I will also give him a white vote with a new name written on it which no one knows except the one who receives it.
Look up Money in Wiktionary, the free dictionary
www.exampleproblems.com /wiki/index.php/Money   (6016 words)

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