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:

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

    “Give me the resurrection of the body!” said Dukes. “But it’ll come in time, when we’ve shoved the cerebral stone away a bit, the money and the rest. Then we’ll get a democracy of touch, instead of a democracy of pocket.”
    —D.H. (David Herbert)

    What money is better bestowed than that of a schoolboy’s tip? How the kindness is recalled by the recipient in after days! It blesses him that gives and him that takes.
    William Makepeace Thackeray (1811–1863)