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:

    “When a fellow says, it hain’t the money but the principle o’ the thing, it’s th’ money.”
    —Kin Hubbard (F. [Frank] Mckinney Hubbard)

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

    “An actress is not a machine, but they treat you like a machine. A money machine.”
    —Marilyn Monroe (1926–1962)