a means for comparing the values of goods and services

something that keeps its value if it is stored rather than used

objects that have value in themselves and that are also used as money

objects that have value because the holder can exchange them for something else of value

money that has value because the government has ordered that it is an acceptable means to pay debts

money that people can gain access to easily and immediately to pay for goods and services

M1 plus funds that cannot be used for cash directly, but can be converted fairly easily

the price paid for the use of borrowed money

the amount of money borrowed

the ability to be used as, or directly converted to, cash