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.
Read more about Money.
Famous quotes containing the word money:
“Children need money. As they grow older they need more money. They need money for essentially the same reasons that adults need money. They need to buy stuff....They need it regardless of whether they get good grades, violate a family rule, or offend a parent.”
—Donald C. Medeiros (20th century)
“[France is] a country where the money falls apart but you cant tear the toilet paper.”
—Billy Wilder (b. 1906)
“There are hardly half a dozen writers in England today who have not sold out to the enemy. Even when their good work has been a success, Mammon grips them and whispers: More money for more work.”
—Aleister Crowley (18751947)