# money (economic)

a resource that is a property of price and work

- Computed level: L16 (depth in the emergence graph, not abstraction)
- Status: review  ·  Domain: common  ·  Arena: money

## Emergence
**Emerges from:** [resource](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-resource.material), [property](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-property.attribute), [work](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-work.effort), [price](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-price.economic)

**Through:** resource material and work effort are added to create a property of price that is typically used in buying.

**Novel properties:**
- medium of exchange
- measurable value
- purchasing power

## Examples
- The US Federal Reserve issued $2.3 trillion in new money during the 2020 economic response. *(economics)*
- Bitcoin miners in Kazakhstan consumed 15 terawatt-hours of electricity in 2022 to secure block rewards. *(computing)*
- The East India Company paid London dockworkers in silver rupees for unloading tea from Canton in 1783. *(institutions)*

## Used by
- [bank](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-bank.financial) (L17)
- [capital](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-capital.financial) (L17)
- [cash](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-cash.economic) (L17)
- [casino](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-casino.entertainment) (L17)
- [economic](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-economic.financial) (L17)
- [finance](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-finance.economic) (L17)
- [financial](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-financial.economic) (L17)
- [fund](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-fund.financial) (L17)
- [gold](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-gold.metal) (L23)
- [income](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-income.financial) (L17)
- [investment](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-investment.financial) (L17)
- [loan](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-loan.financial) (L17)
- [market](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-market.economic) (L17)
- [payment](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-payment.economic) (L17)
- [poker](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-poker.game) (L17)
- [purchase](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-purchase.economic) (L17)
- [sell](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-sell.economic) (L17)
- [sponsored](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-sponsored.financial) (L18)
- [tax](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-tax.economic) (L18)
- [trade](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-trade.economic) (L17)

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*Canonical: https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-money.economic*  
*Structured data: https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-money.economic.json*  
*Every definition provably resolves to space, time, energy and pattern.*