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Money, Exhange, and Banking (Classic Reprint): In Their Practical, Theoretical, and Legal Aspects; A Complete Manual for Bank Officials, Business Men, and Students of Commerce - Couverture souple

Harry Tucker Easton

 
9781330115817: Money, Exhange, and Banking (Classic Reprint): In Their Practical, Theoretical, and Legal Aspects; A Complete Manual for Bank Officials, Business Men, and Students of Commerce

Synopsis

A foundational guide to money, exchange, and banking, tracing from barter to modern finance and outlining how banks operate, hold securities, and manage payments. It explains what money is, how value is determined, and why money acts as both a value measure and a medium of exchange.

This edition covers the practical and legal aspects bankers face, including promissory notes, cheques, and bills of exchange; the custody of documents and valuables; and the duties and risks of bankers as bailees and trustees. It also explains liens and pledges, and how cases in law shape the banker’s security and responsibilities with different kinds of securities. The book uses historical context and clear explanations to show how banking systems support commerce and credit in a civilized economy.


  • How money came to be and why it serves as a measure of value and a medium of exchange

  • The differences between value, utility, and intrinsic worth, and why they matter in trade

  • How negotiable instruments work, from promissory notes to bills and cheques

  • Banking practices for safekeeping, lending security, and handling securities and documents



Ideal for readers of commerce and finance, students, and bank staff seeking a practical overview of money, exchange, and banking principles.

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