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:
“A real gentleman, even if he loses everything he owns, must show no emotion. Money must be so far beneath a gentleman that it is hardly worth troubling about.”
—Feodor Dostoyevsky (1821–1881)
“There is a gigantic difference between earning a great deal of money and being rich.”
—Marlene Dietrich (1904–1992)
“At fifteen one is first beginning to realize that everything isn’t money and power in this world, and is casting about for joys that do not turn to dross in one’s hands.”
—Robert Benchley (1889–1945)