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.
Read more about Money.
Famous quotes containing the word money:
“A real gentleman, even if he loses everything he owns, must show no emotion. Money must be so far beneath a gentleman that it is hardly worth troubling about.”
—Feodor Dostoyevsky (1821–1881)
“When I meet a government which says to me, “Your money or your life,” why should I be in haste to give it my money?”
—Henry David Thoreau (1817–1862)
“If there’s no money in poetry, neither is there poetry in money.”
—Robert Graves (1895–1985)