money

currency and coin that are guaranteed as legal tender by the government, a regulatory agency or bank. Bloomberg Financial Dictionary

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at the money

out of the money

in the money NYSE Euronext Glossary

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money mon‧ey [ˈmʌni] noun [uncountable]

1. FINANCE coins, banknote S and banks (= money held in banks) used to buy things and to show their value:

• People are eating out less to save money.

• Americans spent more money even though they earned less.

• You should borrow money from the bank to pay for your course.

• As an estate agent, he made (= gained ) a lot of money buying houses cheaply and reselling them.

• He has picked a difficult time to raise money (= obtain it for a particular purpose ) from outside investors.

word focus - money

Types of money

Money comes in the form of banknotes /​bills , which are also called paper money, and coins. Cash can refer to money in general or to money in the form of banknotes or coins, but not cheques, credit cards, etc:

• The government has pledged more cash for the Health Service.

• He paid in cash.

Money in electronic form, known as e-money/​e-cash/​e-currency , can be used to buy things on the Internet instead of using a credit card. Money stored on a smart card that you can use to buy goods in a shop is also called e-money. Currency is the type of money used in a particular country:

• Your bank can supply you with foreign currency.

Legal tender is the banknotes and coins that are officially used in a particular place:

• The notes ceased to be legal tender in August of this year.

The denomination of a banknote or coin is the value that is shown on it:

• A lot of our customers request small denomination notes because they are useful for tips.

ˈconduct ˌmoney

LAW money paid to someone when they are a witness in a legal case, to pay for food, travel, and hotel rooms; = EXPENSES

ˈdanger ˌmoney

extra money paid by an employer to a worker, usually one working in the building industry, who is doing an especially dangerous job

ˌeasy ˈmoney

money that you earn very easily, without having to work hard:

• People were tempted into the trade by the thought of easy money.

ˈfall ˌmoney

informal money used by criminals to pay legal costs

ˈfunny ˌmoney informal

1. money that is worthless outside the country where it is used:

• Who wants to be paid in funny money that is forever being devalued by inflation?

2. money that has been printed illegally:

• Police issued a warning about funny money after a motorist paid for petrol with a forged £20 note.

ˈhush ˌmoney

money paid to someone to prevent them from telling other people about something embarrassing or dishonest:

• It was the start of an elaborate plan to get hush money from his employer.

ˌpaper ˈmoney FINANCE

money in the form of banknote S, rather than coins or gold:

• He argues that paper money is being printed so rapidly it is worthless.

ˌplastic ˈmoney FINANCE

credit card S (= plastic cards used to buy things)

ˈspending ˌmoney

money that you have available to spend on small personal expenses:

• The winner will receive a holiday for two in Thailand, plus £1000 spending money.

2. all the money that a country, organization, or person owns:

• The business collapsed and we lost all our money.

ˌnew ˈmoney

money belonging to people who have only recently become rich, also used to talk about the people themselves:

• In the United States there is more new money, and the social structure is different.

ˌold ˈmoney

money belonging to families that have been rich for a very long time, also used to talk about the families themselves:

• the traditional architectural styles associated with old money

3. FINANCE money used for investment; = capital:

• a plan to inject money into the company

• foreigners who wanted to put money into (= invest in ) US stocks

ˌfresh ˈmoney FINANCE

new money for investment, rather than existing capital:

• an injection of fresh money

ˌhot ˈmoney FINANCE

1. money that is moved quickly from place to place in order to be invested in the most profitable things in different places:

• If interest rates go lower, some of the hot money will start to leave.

2. money obtained from illegal activities that is invested in ways which hide its source:

• the hot money generated by the cocaine industry

ˌidle ˈmoney FINANCE

money that is not earning interest:

• Speculators prefer to hold idle money in the knowledge that, if they wait, the rate of interest will go up again.

ˈseed ˌmoney also front money FINANCE

the money needed to start a new business idea or project:

• How much front money will be needed to pay for the new factory?

4. FINANCE used to talk about what it costs to borrow money

ˌcheap ˈmoney FINANCE BANKING

money that can be borrowed cheaply because interest rates are low:

• With economic expansion and cheap money, many Mexican companies are jumping into the real estate business.

ˌdear ˈmoney also tight money FINANCE BANKING

money that costs a lot to borrow because interest rates are high:

• He says that the days of dear money aren't over, despite the interest rate cut.

ˌeasy ˈmoney FINANCE BANKING

when there is easy money, banks and other organizations are willing to lend money, and interest rates are low:

• Interest rates tumbled, and easy money financed both growth and inflation.

ˌone-month ˈmoney FINANCE BANKING

money lent for one month on the money markets:

• High short-term interest rates - 40% for one-month money - were needed to defend the currency.

ˌone-year ˈmoney FINANCE BANKING

money lent for one year on the money markets:

• Rates for one-year money jumped from 9% to 10.75%.

5. ECONOMICS used to talk about the money supply (= the amount of money in the economy at a particular time)

ˈbank ˌmoney

ECONOMICS BANKING money that is held by banks, a part of the money supply:

• Central bank money has been allowed to grow beyond the target of 1%.

ˌbroad ˈmoney ECONOMICS

1. cash and all the forms of money that cannot easily be turned into cash:

• Broad money refers to money held both for transaction purposes and as a form of saving.

2. ECONOMICS a measure of how much money is available in an economy:

• The strong expansion of broad money is causing worries about inflation.

ˌnarrow ˈmoney ECONOMICS

cash and the forms of money that can most easily be turned into cash:

• Narrow money refers to money balances which are easily available to finance day-to-day spending.

ˌnear ˈmoney ECONOMICS

something that can easily be turned into cash, for example some types of bank (= money held in banks):

• near money assets such as short-dated bonds

6. COMMERCE money paid by someone to prove that they are serious about buying something or about doing business

ˈcaution ˌmoney COMMERCE

1. an amount of money left with a person or organization to pay for damage that might be done or for some other thing that might cost them money; = DEPOSIT

2. money paid by someone who has a contract with someone else, to make certain that they do what the contract says they must do; = DEPOSIT

3. money paid by someone who is about to buy something that is expensive and complicated to buy, for example a house, to prove that they intend to complete the deal; = DEPOSIT

deˈposit ˌmoney also ˈearnest ˌmoney COMMERCE

money that a buyer gives to a seller as a first payment to prove that they intend to complete a deal:

• Most solicitors will not allow you to use your purchaser's deposit money for your own deposit to your vendor.

good-ˈfaith ˌmoney

FINANCE the money that you must pay as a deposit in order to be able to trade on a futures market:

• The two markets raised requirements for good-faith money that investors must put up to initiate trades.

ˈkey ˌmoney

PROPERTY money that someone renting a house or flat gives to the owner as a deposit

7. at the money/​in the money/​out of the money FINANCE in Options Trading (= buying and selling the right to buy shares etc at a later date for a particular price), an option is at the money when the exercise price (= the price at which the shares etc can be bought using the option) is the same as the market price (= the current price of the shares on the stockmarket). A call option (= the right to buy particular shares) is in the money when the exercise price is below the market price and out of the money when it is above it

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   Money is a financial asset, a store of wealth and a recognized medium of exchange. Definitions of money and money supply vary from country to country but fall into two categories - broad and narrow. Narrow money is money that can be used in everyday transactions, including coins, notes, current accounts and travellers' cheques. Broad money is less easily accessible and includes savings accounts, time deposits and institutional funds in the money market.

   ► See also Money Supply.

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money UK US /ˈmʌni/ noun MONEY

► [U] the value of what a person or organization owns, keeps in a bank, has in investments, or spends: »

His estate is worth a lot of money.

»

She makes more money than he does.

»

Publishers earn money from their content.

lose/spend/waste money »

We waste money on plants and decorations that we could be spending on salaries.

borrow/lend/save money »

Lending money is a way to ensure that you get a say in how the borrower runs his business.

pour/pump/put money into sth »

Pumping more money into the company isn't going to make customers want the product.

donate/invest/raise money »

Donate money now to make a difference in your community.

► [U] the coins or paper currency which can be used to buy things: »

He used to keep his money under the mattress.

»

Patrons threw money into the fountain.

● monies — Cf. monies

● at the money — Cf. at the money

● in the money — Cf. in the money

● out of the money — Cf. out of the money

● make money — Cf. make money

● be/pour/throw, etc. money down the drain — Cf. throw money down the drain

● make/lose money hand over fist — Cf. make/lose money hand over fist

● sb's money is on sb/sth — Cf. sb's money is on sth

● the smart/clever money is on sb/sth — Cf. the smart money is on sth

● money talks — Cf. money talks

● there's money in sth — Cf. there's money in sth

→ See also APPLICATION MONEY(Cf. ↑application money), BROAD MONEY(Cf. ↑broad money), CAUTION MONEY(Cf. ↑caution money), CHEAP MONEY(Cf. ↑cheap money), CONDUCT MONEY(Cf. ↑conduct money), DANGER MONEY(Cf. ↑danger money), DEAR MONEY(Cf. ↑dear money), DEPOSIT MONEY(Cf. ↑deposit money), EASY MONEY(Cf. ↑easy money), E-MONEY(Cf. ↑e-money), FRESH MONEY(Cf. ↑fresh money), FRONT MONEY(Cf. ↑front money), FUNNY MONEY(Cf. ↑funny money), HOT MONEY(Cf. ↑hot money), HUSH MONEY(Cf. ↑hush money), IDLE MONEY(Cf. ↑idle money), KEY MONEY(Cf. ↑key money), NARROW MONEY(Cf. ↑narrow money), NEAR MONEY(Cf. ↑near money), NEW MONEY(Cf. ↑new money), OLD MONEY(Cf. ↑old money), ONE-MONTH MONEY(Cf. ↑one-month money), ONE-YEAR MONEY(Cf. ↑one-year money), PAPER MONEY(Cf. ↑paper money), SEED MONEY(Cf. ↑seed money), SPENDING MONEY(Cf. ↑spending money)