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Money displays itself through its functions. The following functions are generally singled out:

Measure of value function is an assessment of commodity and services prices by means of price fixation. Money is also an instrument of value terms registration for some economic parameter or liability record.

As an instrument of circulation money acts as an intermediate in commodity circulation. By instrument of circulation one can mean the specific commodity type which is given from buyer to seller while acquiring goods or services.

To define how easily each assets kind can be converted to the instrument of circulation economically the term "liquidity" is used.

Loquidity is an economic term denoting the ability of assets to be sold in a short period of time close to market-price. Liquid means convertible to money.

Price is a money equivalent of the good value; economic term serving to indirectly measure the amount of socially necessary labour time spent to produce goods.

Money is the universal good, i.e. the general abstract equivalent of all the goods value.

Commodity is the product of labour made for exchange and able to satisfy the human wants.

The high liquid, low liquid and non-liquid values (assets) are generally distinguished.

The easier and quicker one can get the asset's overall value, the more liquid it's considered.

The function of means of hoarding is performed by money not circulating directly. Money as the means of hoarding allows to transfer the purchasing power from the past to the future.

These three functions are actually alternative and divide the money supply into compound parts: money acts as means of hoarding (saving) or as an instrument of circulation. Saving recalls money from circulation and investment functions oppositely.

Sometimes the following functions are also defined:

The following function is performed in loan extension and paying, in relations with financial bodies, offset of debts in salary etc.

It's revealed as in international relations as in relations between legal entities or individuals of different states.

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