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:
“With money and wine, you will have many friends, but when you are in trouble, will you see even one?”
—Chinese proverb.
“No money is better spent than what is laid out for domestic satisfaction.”
—Samuel Johnson (1709–1784)
“I hesitate to deposit money in a bank. I am afraid I shall never dare to take it out again. When you go to confession and entrust your sins to the safe-keeping of the priest, do you ever come back for them?”
—Jean Baudrillard (b. 1929)