Money
Money is any object or record that is generally accepted as payment for goods and services and repayment of debts in a given socio-economic context or country. The main functions of money are distinguished as: a medium of exchange; a unit of account; a store of value; and, occasionally in the past, a standard of deferred payment. Any kind of object or secure verifiable record that fulfills these functions can be considered money.
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Famous quotes containing the word money:
“... we shall never become an immense power in the world until we concentrate all our money and editorial forces upon one great national daily newspaper, so we can sauce back our opponents every day in the year; once a month or once a week is not enough.”
—Susan B. Anthony (1820–1906)
“The extravagant expenditure of public money is an evil not to be measured by the value of that money to the people who are taxed for it.”
—Chester A. Arthur (1829–1886)
“...I’m not money hungry.... People who are rich want to be richer, but what’s the difference? You can’t take it with you. The toys get different, that’s all. The rich guys buy a football team, the poor guys buy a football. It’s all relative.”
—Martina Navratilova (b. 1956)