In short, money can be anything that can serve as a • store of value, which means people can save it and use it later—smoothing their purchases over time; • unit of account, that is, provide a common ...

A money market account is a type of deposit account that allows consumers to earn interest while having easy access to their money. Money market accounts are insured by the FDIC or NCUA ...

Digital money is similar in concept and use to its cash counterpart in that it can be a unit of account and a medium for daily transactions—it is treated the same as cash. For example ...