Money can be a favorite thing in this day and age. Then what is the meaning of money? There are some economists who define about money, is as follows:
a. Robertson, money is something that is common (widely) accepted for payment of goods.
b. Gaelord Albert Hart, money is the property that the owner can be paid to a number of people immediately and without delay.
c. Rollin G Thomas, money is something that is prepared and accepted by the general public in the payment of the sale of goods, services, and property value as well as for payment of debts.
d. George N Halm, money is a tool to facilitate the exchange and immediately be able to overcome the difficulties of barter.
From the above definition, it can be concluded about the meaning of money, which is a tool to facilitate the exchange, which is generally accepted in the form of purchases of goods or services and for payment of debts.
Exchange tool that can be referred to as money, should have the following requirements:
a. Favored or accepted by the public.
b. Easily stored and transferable.
c. Durable and is not quickly broken.
d. Can be divided and does not reduce its value.
e. Having a stable value or fixed.
f. The numbers make ends meet.
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