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:
“The great attraction of fashion is that it diverted attention from the insoluble problems of beauty and provided an easy way—which money could buy ... to a simply stated, easily reproduced ideal of beauty, however temporary that ideal.”
—Theodore Zeldin (b. 1923)
“Having money is rather like being a blond. It is more fun but not vital.”
—Mary Quant (b. 1936)
“Americans will listen, but they do not care to read. War and Peace must wait for the leisure of retirement, which never really comes: meanwhile it helps to furnish the living room. Blockbusting fiction is bought as furniture. Unread, it maintains its value. Read, it looks like money wasted. Cunningly, Americans know that books contain a person, and they want the person, not the book.”
—Anthony Burgess (b. 1917)