Understanding the Definition and Characteristics of Money

Money is defined as anything that is authorized by law to be generally accepted as ______ of exchange

Money is defined as anything that is authorized by law to be generally accepted as standard of ______ within a given

MONEY is another name for ______ (the wife of the highest Roman God Jupiter)

CHARACTERISTICS OF GOOD MONEY: General ______

CHARACTERISTICS OF GOOD MONEY: ______ of Money refers to its quality to withstand the normal wear and tear

CHARACTERISTICS OF GOOD MONEY: Portability of ______ refers to its quality of being easily transferred

Money should not be bulky, for higher denominations, paper-based materials are preferable for easy transport. Divisibility of Money means that money could be divided into as many different smaller denominations to enable traders to settle any size of obligation or collect claims arising from their various transactions. This is stated in Sec. 48 of RA # 7653. Cognizability of Money refers to the ease of recognizing, determining or distinguishing from the counterfeit or fake money. The genuine note is printed on a special kind of ______ which is rough when you run your fingers thru it.

Watermarks on genuine notes are the silhouette of the portrait appearing on the face of the note. Sharp details of the light and shadow effect can be seen when the note is viewed against the light. The contours of the features of the silhouette can be felt by running the fingers over the design on relatively new notes. Embedded red and blue visible fibers are scattered at random on both surfaces and can be readily picked off by means of any pointed instrument. The watermark, security threads, and iridescent band are included during the paper manufacture. The watermark is the silhouette of the portrait appearing on the face of the note. Sharp details of the light and shadow effect can be seen when the note is viewed against the light. The contours of the features of the silhouette can be felt by running the fingers over the design on relatively new notes. Security Fibers are embedded ______ visible fibers scattered at random on both surfaces and can be readily picked off by means of any pointed instrument.

Embedded Security Thread is a special thread implanted vertically off-center of the note during paper manufacture. It appears as a broken line for 5's, 10's and 20's and a continuous line for 50's, 100's, 200's, 500's, and 1000's. Windowed Security Thread is a narrow security thread vertically located like 'stitches' at the face of the note with clear text of the numeral value in a repeated sequence and changes in color from magenta to green or green to magenta depending on the angle of view. The registry of the different printed features is well defined, sharp, and distinct. The fingers can readily feel the main prints on the front and back of relatively new notes brought about by the measurable thickness of the ink deposited on the paper which gives the print an embossed effect. The genuine note is printed on a special kind of paper which is rough when you run your fingers thru it. It does not glow under the ultraviolet light. During the paper manufacture, the watermark, security threads, and ______ band are included.

The genuine note is printed on a special kind of paper which is rough when you run your fingers thru it. It does not glow under the ultraviolet light. During the paper manufacture, the watermark, ______ threads, and iridescent band are included. Watermarks are the silhouette of the portrait appearing on the face of the note. Sharp details of the light and shadow effect can be seen when the note is viewed against the light. The contours of the features of the silhouette can be felt by running the fingers over the design on relatively new notes. Embedded red and blue visible fibers are scattered at random on both surfaces and can be readily picked off by means of any pointed instrument. Embedded Security Thread is a special thread implanted vertically off-center of the note during paper manufacture. It appears as a broken line for 5's, 10's and 20's and a continuous line for 50's, 100's, 200's, 500's, and 1000's. Windowed Security Thread is a narrow ______ thread vertically located like 'stitches' at the face of the note with clear text of the numeral value in a repeated sequence and changes in color from magenta to green or green to magenta depending on the angle of view. Iridescent Band is a wide glistening gold vertical stripe with the numerical value printed in series. Printing should have the registry of the different printed features well defined, sharp, and distinct. The fingers can readily feel the main prints on the front and back of relatively new notes brought about by the measurable thickness of the ink deposited on the paper which gives the print an embossed effect. Portrait should appear life-like and the eyes should 'sparkle'. Shadings are formed by the fine lines that give the portrait a characteristic facial expression...

The genuine note is printed on a special kind of paper which is rough when you run your fingers thru it. It does not glow under the ultraviolet light. During the paper manufacture, the watermark, security ______s, and iridescent band are included. Watermarks are the silhouette of the portrait appearing on the face of the note. Sharp details of the light and shadow effect can be seen when the note is viewed against the light. The contours of the features of the silhouette can be felt by running the fingers over the design on relatively new notes. Embedded red and blue visible fibers are scattered at random on both surfaces and can be readily picked off by means of any pointed instrument. Embedded Security Thread is a special ______ implanted vertically off-center of the note during paper manufacture. It appears as a broken line for 5's, 10's and 20's and a continuous line for 50's, 100's, 200's, 500's, and 1000's. Windowed Security Thread is a narrow security ______ vertically located like 'stitches' at the face of the note with clear text of the numeral value in a repeated sequence and changes in color from magenta to green or green to magenta depending on the angle of view. Iridescent Band is a wide glistening gold vertical stripe with the numerical value printed in series. Printing should have the registry of the different printed features well defined, sharp, and distinct. The fingers can readily feel the main prints on the front and back of relatively new notes brought about by the measurable thickness of the ink deposited on the paper which gives the print an embossed effect. Portrait should appear life-like and the eyes should 'sparkle'. Shadings are formed by the fine lines that give the portrait a characteristic facial expression...

The genuine note is printed on a special kind of paper which is rough when you run your fingers thru it. It does not glow under the ultraviolet light. During the paper manufacture, the ______, security threads, and iridescent band are included. Watermarks are the silhouette of the portrait appearing on the face of the note. Sharp details of the light and shadow effect can be seen when the note is viewed against the light. The contours of the features of the silhouette can be felt by running the fingers over the design on relatively new notes. Embedded red and blue visible fibers are scattered at random on both surfaces and can be readily picked off by means of any pointed instrument. Embedded Security Thread is a special thread implanted vertically off-center of the note during paper manufacture. It appears as a broken line for 5's, 10's and 20's and a continuous line for 50's, 100's, 200's, 500's, and 1000's. Windowed Security Thread is a narrow security thread vertically located like 'stitches' at the face of the note with clear text of the numeral value in a repeated sequence and changes in color from magenta to green or green to magenta depending on the angle of view. Iridescent Band is a wide glistening gold vertical stripe with the numerical value printed in series. Printing should have the registry of the different printed features well defined, sharp, and distinct. The fingers can readily feel the main prints on the front and back of relatively new notes brought about by the measurable thickness of the ink deposited on the paper which gives the print an embossed effect. Portrait should appear life-like and the eyes should 'sparkle'. Shadings are formed by the fine lines that give the portrait a characteristic facial expression...