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Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts, such as taxes, in a particular country or socio-economic context. The main functions of money are distinguished as: a medium of exchange, a unit of account, a store of value and sometimes, a standard of deferred payment. Any item or verifiable record that fulfils these functions can be considered as money.
Money is historically an emergent market phenomenon establishing a commodity money, but nearly all contemporary money systems are based on fiat money. Fiat money, like any check or note of debt, is without use value as a physical commodity. It derives its value by being declared by a government to be legal tender; that is, it must be accepted as a form of payment within the boundaries of the country, for "all debts, public and private". Counterfeit money can cause good money to lose its value.
The money supply of a country consists of currency (banknotes and coins) and, depending on the particular definition used, one or more types of bank money (the balances held in checking accounts, savings accounts, and other types of bank accounts). Bank money, which consists only of records (mostly computerized in modern banking), forms by far the largest part of broad money in developed countries.

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  1. G

    customer avoiding paying.

    I recently fitted a boiler for a new customer landlord in a new property hes bought. we agreed on a price on completion of job but he had to leave half way through the job leaving his labourer at the property. When i was about to finish the labourer got a call from his boss saying he wasnt going...
  2. S

    Change of career to Heating Engineer

    Good evening, I am looking to get some honest idea of life as Heating Engineer, I am considering a career change. Can you make a good living out of it (eventually), appreciate first couple of years maybe tough. Cheers
  3. W

    Money for old rope.

    BBC News - News from Elsewhere
  4. V

    Getting Top Money for your Scrap?

    Just want the experienced guys/gals to tell us how to ensure we get top dollar for scrap. I always feel I could have gotten more pounds each time I drive off after weighing my scrap? Any tips, please?
  5. B

    Neighbour's builder ruptured lead mains into flat, advice needed!

    Hi all, On Monday my neighbours builder, when putting a new fence in between our properties ruptured the lead pipe main inlet to our flat. I went outside and they told me they were going to fix it. Later I returned and saw the 'fix'. They had used some sort of plastic/rubber or similar wrapping...
  6. V

    How to Steal MONEY

    Crime Watch (or was it BBC News) showed a brazen thief hypnotise a shop owner and rob him of the days takings? Strangely, an onlooker just watched as the whole incident unfolded. My worry is: with that kind of voodooo powers he exercises, women on a night out are not safe. I hope him and his...
  7. M

    Retraining to become a Gas Heating Engineer with KIER!

    Hi all Firstly I would like to thank all in advance that take the time to reply with both negative and positive feedback…. Just a quick bit about myself I'm coming up to 40 ex forces been out 14 years. Joined BT as engineer changed career paths and done some private security and now looking...
  8. M

    Wishing to start out as self employed, any advice welcome.

    Been basically doing jobs on the side but now want to have a crack at it full time, a few things I need to help on firstly, advice would be greatly appreciated, thanks in advance. 1. do you know of any government grants to help with start up cost registering gas safe, van, pli etc? I can get...
  9. D

    Contract metering work

    I've just done my ccn1 and appliances and I am now doing met1. what are the chances of getting a job fitting meters without experience ? All the jobs advertised are looking for experience on a metering contract. Is it worth while still applying. cheers
  10. P

    Some assessment help please?

    Hi there, I've been working for a while on the tools and have now booked my own ccn1 and assessments, but it's safe to say I am now bricking it with nerves. Could someone give me a helpful run through for what to expect on the ccn1/assessments, I know of course tightness at 87mbar *i joke :) *...
  11. W

    Need a Flue Flow and Spillage Test

    Hi there, I am almost finished with my Gas Training Portfolio, however, I am struggling to tick off the Flue Flow and Spillage tests part of it. The Gas Engineer that I work with just doesn't get any work on Gas fires or Open Flued Appliances. I was hoping that there was a kind Gas Engineer on...
  12. J

    Gas Safety Tickets, Easy money !

    Found an old web post. thought it was well explained, Landlord Gas Safety Certificates (CP12) ? Easy Money!!! « Advantis Home Maintenance Ltd.
  13. M

    will this qualification let me become a plumber

    hi, im on a gap year from college i got good grades but they werent good enough for my firm choice. basically i enrolled into level 2 plumbing course and im wondering is this the industry standard? and if i do this can i go out and get a job with most companies? i definitely wont be studying...
  14. P

    switching to plumbing

    Hey guys, Just Wondering who has come from an office job and is now plumbing? Do you think it was the right decision? What do you like/dislike about it? Cheers
  15. hammers4spanner

    confirmation

    Spoke to an old mate today who moved to nottingham several years ago and he was asking how many millions i am making from plumbs/heating. Told him its hassle and a struggle and does not pay what people think ,however he was surprised as he said nottingham has no plumbers and you would make a...
  16. D

    Green Deal Shambles, Scheme closed

    Just came across this article in the Daily Heil Government closes down £120m Green Deal scheme as funds runs out | This is Money
  17. B

    Able Group.

    It's been a while since I've posted anything. I would like to know if any of you have ever worked for or with the Able Group? I'm just wondering what they're like as a company? Thanks :)
  18. Hobo128

    Revoking a CP12 because I haven't been paid.

    Hello everyone, So I have been doing Landlords gas safety checks for a company recently. They sent me about thirty property's to go at. I worked a price out with the person who gave me the work and started working my way through them. I started to work my way through them noticing a pattern of...
  19. M

    Gas training?

    Why is my boss so reluctant to help me gain my ACS and gas safe qualifications? I've been working with him for 7 months now and I've completed my NVQ IN PLUMBING AND HEATING. It's annoying me because before I started with him I told him I wanted to do my gas.
  20. hammers4spanner

    steady money

    What you guys think of this got 7 months work lined up of 650 a week labour only , I knowyou an get bigger earners but with steady money would you take this ?
Creating content since 2001. Untold Media.

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