Presentation is loading. Please wait.

Presentation is loading. Please wait.

15/05/2019 CHAPTER 9 MONEY This is the Title Slide R. DELANEY.

Published byGiles Campbell Modified over 5 years ago

Similar presentations

Presentation on theme: "15/05/2019 CHAPTER 9 MONEY This is the Title Slide R. DELANEY."— Presentation transcript:

1 15/05/2019 CHAPTER 9 MONEY This is the Title Slide R. DELANEY

2 Money Money is anything that is generally accepted in exchange for goods and services R. Delaney

3 Functions of Money Money acts as: A means of exchange
A measure of value A store of wealth A means of deferred payment (a credit system) R. Delaney

4 Modern Forms of Money Cash Notes Coins Cheques including Bank drafts
Travellers’ cheques Plastic Money Debit cards Credit cards Charge cards Smart cards R. Delaney

5 Other methods of paying for goods and services and debt payments
Standing orders Direct debits Credit transfers Paypath PayPal, in conjunction with bank accounts or credit cards R. Delaney

Download ppt "15/05/2019 CHAPTER 9 MONEY This is the Title Slide R. DELANEY."

Similar presentations

Credit Cards. What is a Credit card? A plastic card that represents a line of credit A line of credit is an account with money that you can borrow repeatedly.

Credit Cards. What is a Credit card? A plastic card that represents a line of credit A line of credit is an account with money that you can borrow repeatedly.
Nature and Function of Money.

Nature and Function of Money.
Paying with Plastic Plastic cards may be used as a form of payment but, like cheques, they are not legal tender – shopkeepers do not have to accept them.

Paying with Plastic Plastic cards may be used as a form of payment but, like cheques, they are not legal tender – shopkeepers do not have to accept them.
Money and Banking. Barter Exchange of goods and services for other goods and services. Eg. Bread for a haircut.

Money and Banking. Barter Exchange of goods and services for other goods and services. Eg. Bread for a haircut.
There are many different ways of making and receiving payments. MAKING A PAYMENT Cash Cheque Credit cards Debit cards Direct debit Credit transfers.

There are many different ways of making and receiving payments. MAKING A PAYMENT Cash Cheque Credit cards Debit cards Direct debit Credit transfers.
Chapter 3 What Is Money? © 2005 Pearson Education Canada Inc.

Chapter 3 What Is Money? © 2005 Pearson Education Canada Inc.
CHAPTER 11 BANK STATEMENTS I.E. UPDATING THE CASH BOOK AND BANK RECONCILAIATION STATEMENTS.

CHAPTER 11 BANK STATEMENTS I.E. UPDATING THE CASH BOOK AND BANK RECONCILAIATION STATEMENTS.
Chapter © 2010 South-Western, Cengage Learning Checking Accounts and Banking Services 9.2 9.2Banking Services and Fees 9.

Chapter © 2010 South-Western, Cengage Learning Checking Accounts and Banking Services Banking Services and Fees 9.
What is Money??? Money is the name given to the value we place on things. Generally accepted in exchange for goods Nowadays, money is used instead of.

What is Money??? Money is the name given to the value we place on things. Generally accepted in exchange for goods Nowadays, money is used instead of.
Money & Banking 2. Cheques Current account holders can use it to make payments. Written permission to a bank to pay someone a certain amount of money.

Money & Banking 2. Cheques Current account holders can use it to make payments. Written permission to a bank to pay someone a certain amount of money.
Chapter 14 Money and Our Banking System. Money is whatever people generally accept Functions of Money Medium of Exchange – payment for goods and services.

Chapter 14 Money and Our Banking System. Money is whatever people generally accept Functions of Money Medium of Exchange – payment for goods and services.
Basic Bank Services Bank account Bank deposits and cheques Electronic funds transfer Bank credit card transactions Debit card transactions 1 © 2013 McGraw-Hill.

Basic Bank Services Bank account Bank deposits and cheques Electronic funds transfer Bank credit card transactions Debit card transactions 1 © 2013 McGraw-Hill.
Lecture notes Prepared by Anton Ljutic. © 2004 McGraw–Hill Ryerson Limited Money and Banking CHAPTER SEVEN.

Lecture notes Prepared by Anton Ljutic. © 2004 McGraw–Hill Ryerson Limited Money and Banking CHAPTER SEVEN.
Methods of Payment Cash

Methods of Payment Cash
Money and Banking. What is Money? Anything which is accepted in exchange for goods & services.

Money and Banking. What is Money? Anything which is accepted in exchange for goods & services.
 Money  History of Money  Bartering  Definition of Money.

 Money  History of Money  Bartering  Definition of Money.
Financial Exchanges Copyright © Texas Education Agency, 2012. All rights reserved.

Financial Exchanges Copyright © Texas Education Agency, All rights reserved.
Making Payments 9. Cheque: A written instruction to your bank to pay a sum of money to another person. 9.

Making Payments 9. Cheque: A written instruction to your bank to pay a sum of money to another person. 9.
Chapter 3 What Is Money?. 3-2 Meaning of Money What is it? Money (or the “money supply”): anything that is generally accepted in payment for goods or.

Chapter 3 What Is Money?. 3-2 Meaning of Money What is it? Money (or the “money supply”): anything that is generally accepted in payment for goods or.
Money Supply, Credit and Interest Rates Economics Chapter 10 section 2.

Money Supply, Credit and Interest Rates Economics Chapter 10 section 2.

Similar presentations

Ads by Google