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.

Read more about Money.

Famous quotes containing the word money:

    Colonel “Bat” Guano: Okay, I’m going to get your money for you. But if you don’t get the President of the United States on that phone, you know what’s going to happen to you?
    Group Captain Lionel Mandrake: What?
    Colonel “Bat” Guano: You’re going to have to answer to the Coca-Cola company.
    Stanley Kubrick (b. 1928)

    There is a gigantic difference between earning a great deal of money and being rich.
    Marlene Dietrich (1904–1992)

    I’m a very smart guy. I haven’t a feeling or a scruple in the world. All I have the itch for is money. I am so money greedy that for twenty-five bucks a day and expenses, mostly gasoline and whisky, I do my thinking myself, what there is of it; I risk my whole future, the hatred of the cops ... I dodge bullets and eat saps, and say thank you very much, if you have any more trouble, I hope you’ll think of me, I’ll just leave one of my cards in case anything comes up.
    Raymond Chandler (1888–1959)