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:

    A man is the prisoner of his power. A topical memory makes him an almanac; a talent for debate, disputant; skill to get money makes him a miser, that is, a beggar. Culture reduces these inflammations by invoking the aid of other powers against the dominant talent, and by appealing to the rank of powers. It watches success.
    Ralph Waldo Emerson (1803–1882)

    I know the ice in your drink is senile.
    I know your smile will develop a boil.
    You know only that you are on top,
    swinging like children on the money swing....
    Anne Sexton (1928–1974)

    Colonel “Bat” Guano: Okay, I’m going to get your money for you. But if you don’t get the President of the United States on that phone, you know what’s going to happen to you?
    Group Captain Lionel Mandrake: What?
    Colonel “Bat” Guano: You’re going to have to answer to the Coca-Cola company.
    Stanley Kubrick (b. 1928)