| A | B |
| Assets such as saving accounts and time deposits that are not usually considered part of the nation's money supply | near money |
| Money's ability to be used over and over again | durability |
| Function of money when it can be saved | store of value |
| Money's ability to be carried from one place to another and transferred from one person to another | portability |
| Money's ability to be divided into smaller units | divisibility |
| Coins and paper bills | currency |
| Gold or silver coins | specie |
| Anything that people commonly accept in exchange for goods or services | money |
| Money that has value because it can be exchanged for something valuable | representative money |
| Money that has value because the government says it does | fiat money |