Something used to make payments for other goods and services as well as to measure their value is called:

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Money is a widely accepted means of payment for goods and services. It also serves as a measure of their value. Credit is a form of borrowing and does not necessarily involve payment for goods and services. Prestige refers to social reputation and does not have any role in making payments. Barter and silent trade involve exchanging goods and services without using currency.

Something Used to Make Payments for Other Goods and Services