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 way I see it, God gave me the body, so I intend to use it. It’s a big ego trip.... You know, you look around a bar, you pick out a guy and you say, that’s the one: I’m going to take all of his money tonight.”
—Teresa Beaty (b. c. 1975)
“The technological landscape of the present day has enfranchised its own electorates—the inhabitants of marketing zones in the consumer goods society, television audiences and news magazine readerships... vote with money at the cash counter rather than with the ballot paper at the polling booth.”
—J.G. (James Graham)
“No one in this world, so far as I know ... has ever lost money by underestimating the intelligence of the great masses of the plain people.”
—H.L. (Henry Lewis)