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:

    Bernstein: “Girls delightful in Cuba stop. Could send you prose poems about scenery but don’t feel right spending your money stop. There is no war in Cuba. Signed Wheeler.” Any answer?
    Charles Foster Kane: Yes—Dear Wheeler, You provide the prose poems, I’ll provide the war.
    Orson Welles (1915–1985)

    Absolutely speaking, the more money, the less virtue; for money comes between a man and his objects, and obtains them for him; and it was certainly no great virtue to obtain it.
    Henry David Thoreau (1817–1862)

    There are hardly half a dozen writers in England today who have not sold out to the enemy. Even when their good work has been a success, Mammon grips them and whispers: “More money for more work.”
    Aleister Crowley (1875–1947)