Since there is no assurance that you will receive your money back, most people refrain from lending money to one another to purchase a home or automobile.
<h3>What is money?</h3>
Money is a good that is widely acknowledged as a means of economic exchange. It is the primary indicator of wealth and the means by which prices and values are conveyed. As currency, it travels anonymously from one person to another and from one nation to another, allowing trade.
The three purposes or services that money offers are frequently used as its definition. A unit of account, a store of value, and a medium of exchange are all functions performed by money. exchangeable medium. The primary purpose of money is to serve as a medium of exchange for transactions.
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