Telugu Vallaku Boothu Kathalu

Money is any object or record that is generally accepted as payment for goods and services and repayment of debts in a given country or socio-economic context.Fiat money is without intrinsic use value as a physical commodity, and 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".The main functions of money are distinguished as: a medium of exchange; a unit of account.a store of value. and, occasionally in the past, a standard of deferred payment.Any kind of object or secure verifiable record that fulfills these functions can serve as money.The money supply of a country consists of currency and bank money. Bank money usually forms by far the largest part of the money supply.Money originated as commodity money, but nearly all contemporary money systems are based on fiat money.One of these arguments is that the role of money as a medium of exchange is in conflict with its role as a store of value: its role as a store of value requires holding it without spending, whereas its role as a medium of exchange requires it to circulate

A standard of deferred payment is the accepted way, in a given market, to settle a debt,a unit in which debts are denominated. It is one of the defining functions of money,for example, while the gold standard reigned, gold or any currency convertible to gold at a fixed rate constituted such a standard. As of 2010, the US dollar and the euro are the most generally accepted standards for international settlements.The term "standard of deferred payment" is not as widely used as other terms for functions of money, namely medium of exchange, store of value, and unit of account, though it is distinguished in some works.Deferred payment is based on enforceability of debts and rule of law, and is not used or rarely used when debts are unlikely to be collectable. For certain kinds of transactions, gold or diamonds may be preferred as the medium of exchange,there being no recourse in case of counterfeit currency being used,and there is rarely any deferral of payment: if there is, it will most likely be stated in dollars.Historically, there have been many times when creditors have had to hide from debtors to avoid being paid off in near worthless currency, typically following hyper-inflation.

Now a way days diamond also plays important role trading,every one is inveting on Diamond,Lets us see about Diamond is an allotrope of carbon, where the carbon atoms are arranged in a variation of the face-centered cubic crystal structure called a diamond lattice. Diamond is less stable than graphite, but the conversion rate from diamond to graphite is negligible at ambient conditions. Diamond is renowned as a material with superlative physical qualities, most of which originate from the strong covalent bonding between its atoms. In particular, diamond has the highest hardness and thermal conductivity of any bulk material. Those properties determine the major industrial application of diamond in cutting and polishing tools.Diamond has remarkable optical characteristics. Because of its extremely rigid lattice, it can be contaminated by very few types of impurities, such as boron and nitrogen. Combined with wide transparency, this results in the clear, colorless appearance of most natural diamonds. Small amounts of defects or impurities color diamond blue, yellow, brown, green,purple, pink, orange or red. Diamond also has relatively high optical dispersion, which results in its characteristic luster. Excellent optical and mechanical properties, combined with efficient marketing, make diamond the most popular gemstone.Most natural diamonds are formed at high-pressure high-temperature conditions existing at depths of 140 to 190 kilometers in the Earth mantle.Forex trading