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MONEY

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Definitions

1. the official currency issued by a government that can be exchanged for material objects, services or benefits. (OODs 28 Feb 75)

2. money is only something that can be exchanged confidently for goods or services. It is a symbol which represents value in terms of goods or services. (HCO PL 27 Nov 71)

3. Money (Def. 2)

4. money represents things. It is a substitute for goods and services. If one performs a valuable service and exchanges it for goods he does so through the item of money. (HCO PL 27 Nov 71)

5. simply that which represents delivered production. (HCO PL 27 Nov 71)

6. a negotiable commodity which can be held in reserves or exchanged with other companies or individuals for goods or services. Money is either actual cash received or it is actual cash represented by money order, travelers check or bank transfer received or by a check drawn on an account in which there are adequate funds to cover the check at the time it is written and presented to the org. (BPL 28 May 71R)

7. money is only a substitute for wealth and is not itself wealth. Money is only valid to the degree that it can substitute for actual wealth. Money is only of any use to the degree that it can purchase things of value. (FEBC 9, 7101C24 SO II)

8. an idea backed with confidence, or enforced confidence, and is actually a representation. (FEBC 4, 7101C18 SO III)

9. money is a symbol. It represents success when you have it and defeat when you don't, no matter who is putting out propaganda to the contrary. (HCO PL 30 Jan 66 IV)