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:
“Had I but plenty of money, money enough and to spare,
The house for me, no doubt, were a house in the city-square;
Ah, such a life, such a life, as one leads at the window there!”
—Robert Browning (18121889)
“I have imbibed such a love for money that I keep some sequins in a drawer to count, & cry over them once a week.”
—George Gordon Noel Byron (17881824)
“No money is better spent than what is laid out for domestic satisfaction.”
—Samuel Johnson (17091784)