Practical Law Glossary Item 9-382-3632 (Approx. 2 pages)
Glossary
Money
A medium of exchange authorized or adopted by a domestic or foreign government as a part of its currency. Money is an asset type over which an entity can grant a security interest under UCC Article 9. For further information on security interests in money, see Practice Note, UCC Creation, Perfection, and Priority of Security Interests.