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:

    There are hardly half a dozen writers in England today who have not sold out to the enemy. Even when their good work has been a success, Mammon grips them and whispers: “More money for more work.”
    Aleister Crowley (1875–1947)

    Hollywood held this double lure for me, tremendous sums of money for work that required no more effort than a game of pinochle.
    Ben Hecht (1893–1964)

    You are much surer that you are doing good when you pay money to those who work, as the recompense of their labour, than when you give money merely in charity.
    Samuel Johnson (1709–1784)