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:
“I have imbibed such a love for money that I keep some sequins in a drawer to count, & cry over them once a week.”
—George Gordon Noel Byron (1788–1824)
“There are a thousand hacking at the branches of evil to one who is striking at the root, and it may be that he who bestows the largest amount of time and money on the needy is doing the most by his mode of life to produce that misery which he strives in vain to relieve.”
—Henry David Thoreau (1817–1862)
“A drunkard would not give money to sober people. He said they would only eat it, and buy clothes and send their children to school with it.”
—Samuel Butler (1835–1902)