Definition of money
1 : something generally accepted as a medium of exchange, a measure of value, or a means of payment: such asa : officially coined or stamped metal currency newly minted moneyb : money of accountc : paper money handed the bank teller a wad of money
2a : wealth reckoned in terms of money made her money in the insurance businessb : an amount of money raised the money for a new libraryc moneys or monies plural : sums of money : funds the collection of tax monies
3 : a form or denomination of coin or paper money wanted his money in $10 bills
4a : the first, second, and third place winners (as in a horse or dog race) —usually used in the phrases in the money or out of the moneyb : prize money his horse took third money
5a : persons or interests possessing or controlling great wealth politicians at the beck and call of moneyb : a position of wealth born into money
for one's money
: according to one's preference or opinion For my money, this is her best novel yet.
on the money
: exactly right or accurate His prediction that it would rain was right on the money.
Examples of money in a Sentence
That painting must be worth a lot of money.
He earned some money last summer as a musician.
We're trying to save enough money for a new car.
The town is raising money for the elementary school.
Friends would always ask her for money.
It's an interesting idea, but there's no money in it: it'll never sell.
He made his money in the insurance business.
They decided to put all their money in the stock market.
We didn't have much money when I was growing up.
Most of the project is being paid for by federal monies.
Recent Examples of money from the Web
Cuomo’s comment came after accusations that the governor was spending money on fancy choreographed light shows on MTA bridges while the subway infrastructure crumbles, which de Blasio didn’t miss the opportunity to criticize.
Without approval of a new funding formula, schools don't get any state money.
But money saved by defunding Planned Parenthood isn’t slated for community health centers, whose funding isn’t changing under the Trump administration’s proposed budget.
The money has to be used for operations and maintenance of the bridges, roadways and system, in addition to other financial obligations.
Imagine that the debate involves politics, industry, big money, scientific data, and your children’s future.
A Wells Fargo ATM dispenses cash, though there are few places to spend money.
The Collective is also applying for Harford County hotel tax funds, money from the Harford County Cultural Arts Board and additional city funds for programming.
Money raised from their sale would have paid out to the astronauts' families in the event of their deaths.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'money.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
Definition of money
: involving or reliable in a crucial situation a money player a money pitch
Financial Definition of MONEY
What It Is
Money is a medium of exchange for goods or services within an economy.
How It Works
Philosophically, anything can be money, but coins and paper notes are the most generally accepted forms. In most cases, each country in the world has its own money, but in many cases several countries use the same money (such as the Euro). A country's government designs and manufactures that country's money.
Some money is fiat money, meaning that it has no intrinsic value. That is, the paper or metal used to create the money is not worth very much in terms of its value as a raw material. Most paper money is fiat money, and its value comes from what it represents rather than what it is. Before 1971, the U.S. dollar was not fiat money -- it was backed by a corresponding amount of gold held with the Federal Reserve.
The foreign exchange markets are places to trade money, and these markets affect exchange rates (that is, the amounts of one money needed to buy a certain amount of another money).
Why It Matters
Most money only has value because people want it. This idea is what made beaver pelts, shells, peppercorns, tulip bulbs, and other things into money at various points in history. However, when the demand (or fashion) faded for some of these goods (or more people found they really needed corn instead of beaver pelts), these systems became cumbersome. Paper money solves these problem because it is exchangeable for any good or service that people want (rather than just beaver pelts).
This isn't to say that paper and coins aren't the only forms of viable money today. Quite often, companies use shares of their own stock as money to acquire other companies, and anybody who has ever watched a crime show knows that cigarettes can buy a lot in prison.
MONEY Defined for English Language Learners
Definition of money for English Language Learners
: something (such as coins or bills) used as a way to pay for goods and services and to pay people for their work
: a person's wealth : the money that a person has
monies : amounts of money
MONEY Defined for Kids
Definition of money for Students
1 : something (such as coins or bills) used to buy goods and services and to pay people for their work
2 : a person's wealth
Legal Definition of money
1 : an accepted or authorized medium of exchange; especially : coinage or negotiable paper issued as legal tender by a government
2a : assets or compensation in the form of or readily convertible into cash b : capital dealt in as a commodity to be lent, traded, or invested mortgage money available from a lender the money supply c pl : sums of money collect tax moneys
Seen and Heard
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