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:

    “If all the rich men in the world divided up their money amongst themselves, there wouldn’t be enough to go round.”
    —Christina Stead (1902–1983)

    “It’s complicated, being an American,
    Having the money and the bad conscience, both at the same time.
    Perhaps, after all, this is not the right subject for a poem.”
    —Louis Simpson (b. 1923)

    “Mildred Pierce: You look down on me because I work for a living, don’t you? You always have. All right, I work. I cook food and sell it and make a profit on it, which, I might point out, you’re not too proud to share with me.
    Monte Beragon: Yes, I take money from you, Mildred. But not enough to make me like kitchens or cooks. They smell of grease.
    Mildred Pierce: I don’t notice you shrinking away from a fifty- dollar bill because it smells of grease.”
    —Ranald MacDougall (1915–1973)