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)
“Want of money and the distress of a thief can never be alleged as the cause of his thieving, for many honest people endure greater hardships with fortitude. We must therefore seek the cause elsewhere than in want of money, for that is the miser’s passion, not the thief’s.”
—William Blake (1757–1827)
“It’s not enough to be great, Charley. I tried to tell you in Philly. I tried to tell you in L.A. We’re infested with rats! [to Peg, Charley’s fiancee] He’s not just a kid who can fight, he’s money! And people want money so bad they make it stink!”
—Abraham Polonsky (b. 1910)