Money

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:

    There are hardly half a dozen writers in England today who have not sold out to the enemy. Even when their good work has been a success, Mammon grips them and whispers: “More money for more work.”
    Aleister Crowley (1875–1947)

    The universal regard for money is the one hopeful fact in our civilisation. Money is the most important thing in the world. It represents health, strength, honour, generosity and beauty.... Not the least of its virtues is that it destroys base people as certainly as it fortifies and dignifies noble people.
    George Bernard Shaw (1856–1950)

    Mildred Pierce: You look down on me because I work for a living, don’t you? You always have. All right, I work. I cook food and sell it and make a profit on it, which, I might point out, you’re not too proud to share with me.
    Monte Beragon: Yes, I take money from you, Mildred. But not enough to make me like kitchens or cooks. They smell of grease.
    Mildred Pierce: I don’t notice you shrinking away from a fifty- dollar bill because it smells of grease.
    Ranald MacDougall (1915–1973)