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:
“We know now that Government by organized money is just as dangerous as Government by organized mob.... [The organized moneyed people] are unanimous in their hate for me and I welcome their hatred.... I should like to have it said of my second administration that these forces met their master.”
—Franklin D. Roosevelt (18821945)
“I am willing, for a money consideration, to test this physical strength, this nervous force, and muscular power with which Ive been gifted, to show that they will bear a certain strain. If I break down, if my brain gives way under want of sleep, my heart ceases to respond to the calls made on my circulatory system, or the surcharged veins of my extremities burstif, in short, I fall helpless, or it may be, dead on the track, then I lose my money.”
—Ada Anderson (1860?)
“Its not enough to be great, Charley. I tried to tell you in Philly. I tried to tell you in L.A. Were infested with rats! [to Peg, Charleys fiancee] Hes not just a kid who can fight, hes money! And people want money so bad they make it stink!”
—Abraham Polonsky (b. 1910)