Point of difference |
Paper Money |
Metallic Money |
Definition |
It refers to that money which is in the form of paper currency notes issued by the government of the country. |
It refer to money which is made of metals like gold, silver, copper, etc. |
Cost |
Cost of printing notes is less. |
They are not economical to produce. |
Suitability |
They are suitable for large transactions. |
They are suitable for small transactions. |
Durability & Portability |
Paper money is comparatively more portable but less durable. |
Metallic coins are comparatively less portable but more durable. |