Basic functions of cash

Characteristics of cash functions

Consider the main functions of money and their characteristics

• The measure of value. Money is a universal standard for goods. They can have various dimensions, weight, color and even taste, but when exchanging goods, we always turn to its value; • means of circulation. Money is a unique accelerator in trade. Having sold one product, we can buy raw materials for another product or buy a new product. Lightness and speed are important here, since it is always easier to exchange goods for money than for another product; • Payment means. Debt and payment are closely related to money. If a person takes the goods in debt, debt is recorded as a certain amount of money, and not the amount of goods.