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 best time to start giving your children money is when they will no longer eat it. Basically, when they don’t put it in their mouths, they can start putting it in their bank.”
    —Barbara Coloroso (20th century)

    “I began quite early in life to sense the thrill a girl attains in supplying money to a man.”
    —Anita Loos (1894–1981)

    “I didn’t mince my words, I said to her myself,
    HURRY UP PLEASE ITS TI—E
    Now Albert’s coming back, make yourself a bit smart.
    He’ll want to know what you done with that money he gave you
    To get yourself some teeth.”
    —T.S. (Thomas Stearns)