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:
“It’s not enough to be great, Charley. I tried to tell you in Philly. I tried to tell you in L.A. We’re infested with rats! [to Peg, Charley’s fiancee] He’s not just a kid who can fight, he’s money! And people want money so bad they make it stink!”
—Abraham Polonsky (b. 1910)
“Words are wise men’s counters, they do but reckon by them: but they are the money of fools.”
—Thomas Hobbes (1588–1679)
“When the history of guilt is written, parents who refuse their children money will be right up there in the Top Ten.”
—Erma Brombeck (20th century)