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Money defined
 

                   

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What is Money?

 

Money, derived from the Latin, moneta, meaning mint. 

 

Specifically from the process of striking coin, to mint a piece of metal.  A recognizable coin to represent some quantity of a commodity. 

 

Commodity derives from the Latin, commoditas, meaning advantage or convenience.  

 

Coins certainly are convenient!

 

Money is actually only another convenient tool.

 

Tool, derived from the Old English, tol, meaning a device to perform work.

 

Money is an invention.  It is a technology like the zero. 

 

Technology, derived from the Greek, tekhne, meaning skill and legein, meaning speak.

 

Money is a place holder for Value.

 

Value, derived from the Latin, valere, meaning to be strong, to be worth.

 

The goal of a business is revenue.

 

         Revenue, derived from the Old French, revenir, meaning to return.

 

Cash, derived from the Obsolete French, casse, meaning money box

 

A business is an organized occupied state of being, an effort to produce revenue to put in the cash box.

 

Organize, from the Latin, organum, meaning instrument.

 

With revenue, a return on your efforts, the company gains value, a.k.a strength.  With strength uncertainty can be sifted to certainty.

 

The job of all members of a company is to increase company value.

 

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Last modified: 04/24/2008