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:

    What is any respectable girl brought up to do but to catch some rich man’s fancy and get the benefit of his money by marrying him?—as if a marriage ceremony could make any difference in the right or wrong of the thing!
    George Bernard Shaw (1856–1950)

    Don’t want no money from you Ethan, no money, Marty. Just a roof over old Mose head and a rocking chair by the fire, my own rocking chair by the fire.
    Frank S. Nugent (1908–1965)

    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)