Types of Money

Kinds and Types of Money Accompanied Meaning Definition / His understanding
1. Currency
Currency is the money used as a means of legitimate transactions and shall be received by the whole society on the economy. General currency in the form of banknotes and coins in Indonesia made by Bank Indonesia as the central bank is given the sole right to print the / right oktroi. The money is protected by the Act in which the perpetrators of counterfeit money was threatened by fines and jail sentences. Examples of such currency coins USD. 100, - USD banknotes. 1.000, - and so forth.
2. Deposit Money
Demand deposit is a charge on commercial banks that can be used as payment instruments and transactions are legitimate and society is not obliged to accept payment. Demand deposit can be practically easy, safe and practical because of the transaction in which one does not need to calculate and bring lots of cash, if lost or fall into the hands of evil people can be immediately blocked and easy to use. Examples of demand deposits which are like checks, demand deposits, telegraphic transfers, and others.
3. Quasi Money
Quasi money is valuable surata or certificate that can be used as legal tender. Examples of quasi money are stocks, bonds, and others.

Source: http://organisasi.org