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:

    Money won is twice as sweet as money earned.
    Richard Price (b. 1949)

    The stabbing horror of life is not contained in calamities and disasters, because these things wake one up and one gets very familiar and intimate with them and finally they become tame again.... No, it is more like being in a hotel room in Hoboken let us say, and just enough money in one’s pocket for another meal.
    Henry Miller (1891–1980)

    To get it right, be born with luck or else make it. Never give up. Get the knack of getting people to help you and also pitch in yourself. A little money helps, but what really gets it right is to never—I repeat—never under any conditions face the facts.
    Ruth Gordon (1896–1985)