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:
“The perfect pleasure: money is neither fattening nor immoral nor illegal.”
—Mason Cooley (b. 1927)
“When money disappears, we soon understand the power of absence.”
—Mason Cooley (b. 1927)
“Let us more and more insist on raising funds of love, of kindness, of understanding, of peace. Money will come if we seek first the Kingdom of God—the rest will be given.”
—Mother Teresa (b. 1910)