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:

    The ways by which you may get money almost without exception lead downward. To have done anything by which you earned money merely is to have been truly idle or worse.
    Henry David Thoreau (1817–1862)

    Poetry asks people to have values, form opinions, care about some other part of experience besides making money and being successful on the job.
    Toi Derricotte (b. 1941)

    Christianity is art & not money. Money is its curse.
    William Blake (1757–1827)