What is the essence of determinant?

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wdlang
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the definition of a determinant is not simple at the first sight

however we still have extremely simple relation det(AB)=det(A)det(B)

it seems that the grassmann algebra is the essence behind determinant, isn't it?
 
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Part of the problem is that a matrix can represent many different (and intrinsically different) things: a system of linear equations; a linear transformatio; the adjacency
relation in a graph, etc. , so I don't think a single interpretation for det is reasonable.

Do you have a particular use/context for a matrix in mind?