Electronic money: definition and functions

The article reflects the origin of the term «electronic money», as well as the main properties of electronic money; author's definition of electronic money is stated in the article. The author concludes that electronic money from economic and legal point of view could not be qualified as money...

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Bibliographic Details
Main Author: K L Ranchinskiy
Format: Article
Language:English
Published: Peoples’ Friendship University of Russia (RUDN University) 2012-03-01
Series:RUDN Journal of Law
Subjects:
Online Access:http://journals.rudn.ru/law/article/view/5439
Description
Summary:The article reflects the origin of the term «electronic money», as well as the main properties of electronic money; author's definition of electronic money is stated in the article. The author concludes that electronic money from economic and legal point of view could not be qualified as money in its common sense but they comply with certain functions of money.
ISSN:2313-2337
2408-9001