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Money is defined as anything accepted as a medium of exchange, which allows for the facilitation of trade and services between parties. It serves as a standard of value, a store of value, and a unit of account, enabling people to compare the worth of various goods and services efficiently. The concept of money encompasses a variety of forms, including physical cash and digital currencies, all functioning to streamline transactions within an economy.

In this context, capital refers to financial assets used to fund activities and generate profits, but it is not limited to the medium of exchange aspect alone. An asset represents any resource owned by an individual or entity that has economic value, which may include cash, investments, and property, but it doesn’t specifically denote a medium of exchange. Property typically refers to physical real estate or land owned by someone, further distinguishing it from the more universal function of money. Thus, while all these terms relate to economic value in different ways, only money is specifically defined as a medium of exchange.