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:
“When it comes to money nobody should give up anything.”
—Anthony Trollope (1815–1882)
“There is some ill a-brewing towards my rest,
For I did dream of money bags tonight.”
—William Shakespeare (1564–1616)
“Who could deny that our Austria is richer than any other country? As the saying goes: “We have money like manure.””
—Franz Grillparzer (1791–1872)