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nigeria money

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1) "Nigeria" -- As to nigeria money Ni·ge·ria Pronunciation: nI-'jir-E-& Function: geographical name country W Africa bordering on Gulf of Guinea; a republic within the Commonwealth of Nations, formerly a colony & protectorate capital Abuja area 356,669 square miles (927,339 square kilometers), population 88,514,501 - Ni·ge·ri·an /-E-&n/ adjective or noun Pronunciation Symbols ..." 2) "Money" -- As to nigeria money 1mon·ey Pronunciation: 'm&-nE Function: noun Inflected Form(s): pluralmoneysormon·ies /'m&-nEz/ Usage: often attributive Etymology: Middle English moneye, from Anglo-French moneie, from Latin moneta mint, money -- more at MINT 1: something generally accepted as a medium of exchange, a measure of value, or a means of payment: as a: officially coined or stamped metal currency b: MONEY OF ACCOUNTc: PAPER MONEY 2 a: wealth reckoned in terms of money b: an amount of money cplural: sums of money : FUNDS 3: a form or denomination of coin or paper money 4 a: the first, second, and third place winners (as in a horse or dog race) -- usually used in the phrases in the money or out of the moneyb: prize money <his horse took third money> 5 a: persons or interests possessing or controlling great wealth b: a position of wealth <born into money> - for one's money: according to one's preference or opinion - on the money: exactly right or accurate <her intuition was right on the money> [money table] Pronunciation Symbols Federal Republic of Nigeria Flag Coat of arms Motto: "Unity and Faith, Peace and Progress" Anthem: Arise O Compatriots, Nigeria's Call Obey Capital Abuja 9°10′N 7°10′E Largest city Lagos Official languages English Government Federal republic  - President Olusẹgun Ọbasanjá»� (PDP)  - Vice President Atiku Abubakar (AC) Independence from the United Kingdom   - Declared and recognized October 1, 1960   - Republic declared October 1, 1963  Area  - Total 923,768 km² (31st) 356,667 sq mi   - Water (%) 1.4 Population  - 2005 estimate Numismatics Numismatic terminology Currency Circulating currencies Community currencies Fictional currencies Ancient currencies Medieval currencies Modern currencies Production Exonumia Notaphily Scripophily Economics offers various definitions for money, though it is now commonly defined as any good or token that functions as a medium of exchange that is socially and legally accepted in payment for goods and services and in settlement of debts. Money also serves as a standard of value for measuring the relative worth of different goods and services. Some authors explicitly require money to be a standard of deferred payment, too [1]. In common usage, money refers more specifically to currency, particularly the many circulating currencies with legal tender status conferred by a national state; deposit accounts denominated in such currencies are also considered part of the money supply, although these characteristics are historically comparatively recent. Money may also serve as a means of rationing access to scarce resources and as a quantitative measure that provides a common standard for the comparison and valuation of quality as well as quantity, such as in the valuation of real estate or artistic works. The use of money provides an easier alternative to barter, which is considered in a modern, complex economy to be inefficient because it requires a coincidence of wants between traders, and an agreement that these needs are of equal value, before a transaction can occur. The efficiency gains through the use of money are thought to encourage trade and the division of l..." 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