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:
“Money won is twice as sweet as money earned.”
—Richard Price (b. 1949)
“Love is cheap. You can buy it anywhere. Lives are cheap. It’s money that’s dear. You have to work days and sit up nights thinking how to make money.”
—John Dos Passos (1896–1970)
“In general, the art of government consists in taking as much money as possible from one party of the citizens to give to the other.”
—Voltaire [François Marie Arouet] (1694–1778)