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:
“Had I but plenty of money, money enough and to spare,
The house for me, no doubt, were a house in the city-square;
Ah, such a life, such a life, as one leads at the window there!”
—Robert Browning (1812–1889)
“Money is the last enemy that shall never be subdued. While there is flesh there is money—or the want of money, but money is always on the brain so long as there is a brain in reasonable order.”
—Samuel Butler (1835–1902)
“It will be a great day when our schools get all the money they need and the Air Force has to hold a bake sale to buy a bomber.”
—Advertisement. Poster in a school near Irving Place, New York City (1983)