Money is an important commodity, it determines ones state of living, as it relates to family, investment opportunities. IE: With out sufficient money it will adversely effect the family unit and eliminate all chances of becoming financially independent.
The phrase "credited to your account" means that a certain amount of money or value has been added to your account or balance.
The ETRADE net account value is the total value of your account including all investments and cash, while the cash available in your account is the amount of money you can withdraw or use for trading without selling any investments.
Money has value because it serves as a medium of exchange, unit of account, and store of value. It is accepted by people as a commonly used medium for transactions and has a stable value recognized by society and governments. Confidence in the stability and acceptance of money by individuals and institutions also contributes to its value.
unit of account
"Credited to your account" means that a certain amount of money or value has been added to your account, increasing the balance or available funds.
A savings account is one in which customers save their monthly savings and they are not like the current account. Though the money is available at any time for the customer to withdraw, money is not as frequently deposited/withdrawn from it like the current account. Hence banks offer a meager interest rate for the money held in this account. Money grows in a savings account because: a. The account holder usually makes small deposits regularly into the account b. The money in the account earns a small interest and hence keeps growing in value
there is value to german money from ww2 but only because it's money
simply put; to account for the time value of money
It decreases by $108.49.
A standard monetary unit of measurement of the value of goods and services. Example: money
The future value of monthly deposits is the total amount of money accumulated over time by consistently adding money to an investment or savings account on a monthly basis.
Money is often defined in terms of the three functions or services that it provides. Money serves as a medium of exchange, as a store of value, and as a unit of account.