Life cycle and Money: Difference between pages

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''Strategic analysis''.
Refers to cash (currency notes and coin) in official currency backed by the relevant government. Such money may be [[legal tender]].


Life cycle strategic analysis considers the time phases of the development of products and markets, for example through Introduction, Expansion, Maturity and Decline.
More generally, money is anything accepted for the settlement of debts in an economy or jurisdiction.


Each operational phase will typically have different related characteristic opportunities and risks, and related appropriate financing and other risk management responses to support the business operations.
 
To the economist, money is whatever is used for four roles:
# A medium of exchange.
# A unit of account.
# A store of value.
# A standard for deferred payment.
 
 
Money, then, can be many things, but most often today is fiat (let it be) money, i.e. tokens provided by a government and accepted by them for payment of taxes, or abstract representations of it. The latter are mostly as electronic representations in the accounts of banks and other monetary financial institutions, including [[central bank]]s. Most money in developed countries consists of these records rather than of the tokens issued as fiat money.
 
In the past money has been commodity money, for example gold or silver or valuable spices or shells, the value of which is in the of the valuable material or object rather than a nominal value ascribed to (a portion of) it. A government can issue tokens (e.g. notes or coins) exchangeable for a fixed quantity of such a commodity. Such tokens are known as representative money.




== See also ==
== See also ==
* [[Duration]]
* [[Central bank money]]
* [[Life]]
* [[Fiat currency]]
* [[Maturity]]
* [[Finance ]]
* [[Product life cycle]]
* [[Financial stability]]
* [[Strategic analysis]]
* [[Legal tender]]
* [[Monetary]]
* [[Monetisation]]
* [[Gold standard]]
 


[[Category:The_business_context]]
=== Other links ===
[[Category:Corporate_finance]]
[http://bankunderground.co.uk/2015/08/21/monies-joining-economic-and-legal-perspectives/ Bank Underground blog: Monies - Joining economic and legal perspectives]
[[Category:Investment]]
[[Category:Long_term_funding]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]

Revision as of 08:27, 11 August 2016

Refers to cash (currency notes and coin) in official currency backed by the relevant government. Such money may be legal tender.

More generally, money is anything accepted for the settlement of debts in an economy or jurisdiction.


To the economist, money is whatever is used for four roles:

  1. A medium of exchange.
  2. A unit of account.
  3. A store of value.
  4. A standard for deferred payment.


Money, then, can be many things, but most often today is fiat (let it be) money, i.e. tokens provided by a government and accepted by them for payment of taxes, or abstract representations of it. The latter are mostly as electronic representations in the accounts of banks and other monetary financial institutions, including central banks. Most money in developed countries consists of these records rather than of the tokens issued as fiat money.

In the past money has been commodity money, for example gold or silver or valuable spices or shells, the value of which is in the of the valuable material or object rather than a nominal value ascribed to (a portion of) it. A government can issue tokens (e.g. notes or coins) exchangeable for a fixed quantity of such a commodity. Such tokens are known as representative money.


See also


Other links

Bank Underground blog: Monies - Joining economic and legal perspectives