What is NOT considered a characteristic of money?

Money is characterized by three primary functions: it must be accepted as payment, serve as a store of value, and act as a unit of account.

Accepted as payment means that individuals and businesses recognize money in exchange for goods and services. This characteristic ensures that money can be used in transactions with confidence that it will be accepted by others.

As a store of value, money must retain its value over time, allowing individuals to save it and use it in the future without significant loss of purchasing power. This characteristic gives people confidence that their money will not drastically lose value due to inflation or other economic factors.

The unit of account function allows money to provide a consistent measure of value, making it easier to compare the value of different goods and services. It provides a standard unit of measurement, which simplifies trade and economic exchanges.

Technical interoperability, while important in various contexts (such as technology and finance), does not define the inherent characteristics of money itself. Money does not need to possess this trait to fulfill its functions effectively. Therefore, this is the correct answer, as it does not align with the established fundamental characteristics of money.