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:

    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)

    I didn’t mince my words, I said to her myself,
    HURRY UP PLEASE ITS TI—E
    Now Albert’s coming back, make yourself a bit smart.
    He’ll want to know what you done with that money he gave you
    To get yourself some teeth.
    —T.S. (Thomas Stearns)