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 all who had money and leisure
Grew rural o’er ices and wines,
All pleasantly toiling for pleasure,
All hungrily pining for pines,
And making of beautiful speeches,
And marring of beautiful shows,
And feeding on delicate peaches,
And treading on delicate toes.”
—Winthrop Mackworth Praed (1802–1839)
“Neither money nor position can atone to me for low birth.”
—Anthony Trollope (1815–1882)
“Bernstein: “Girls delightful in Cuba stop. Could send you prose poems about scenery but don’t feel right spending your money stop. There is no war in Cuba. Signed Wheeler.” Any answer?
Charles Foster Kane: Yes—Dear Wheeler, You provide the prose poems, I’ll provide the war.”
—Orson Welles (1915–1985)