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:
“Don’t want no money from you Ethan, no money, Marty. Just a roof over old Mose head and a rocking chair by the fire, my own rocking chair by the fire.”
—Frank S. Nugent (1908–1965)
“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)
“... there is something quixotic in me about money, something meek and guilty. I want it and like it. But I cannot imagine insisting on it, pressing it out of people. I always vaguely feel: why should I have money when other people have it not? It is like taking the biggest piece of cake. And I can never feel that I have earned it.”
—Brenda Ueland (1891–1985)