Market Terms

We don't know everything about the markets.  We're just devoted to learners.  Taken from those smarter than ourselves, here's how we define Currency.

A medium of exchange for goods and services.  Currency in some form has been a major part of human monetary interactions for the last 3,000 years.  It’s money in the forms of paper, coins, or metals (usually issued by a government) that is accepted as a form of payment.  A key takeaway of modern currency is that it’s essentially worthless in and of itself.  The bills are assigned a value rather than being backed by more “traditional” currencies (eg, gold).  Modern currency also has to contend with the emergence of digital (or “crypto”) currency.