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:
“When the history of guilt is written, parents who refuse their children money will be right up there in the Top Ten.”
—Erma Brombeck (20th century)
“Nowadays love is a matter of chance, matrimony a matter of money and divorce a matter of course.”
—Helen Rowland (1875–1950)
“Those who have money go abroad in the world, but those who have no suitable clothes are reluctant to do so.”
—Chinese proverb.