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.

Read more about Money.

Famous quotes containing the word money:

    Having money is just the best thing in the world.
    Madonna [Madonna Louise Ciccione] (b. 1958)

    To get it right, be born with luck or else make it. Never give up. Get the knack of getting people to help you and also pitch in yourself. A little money helps, but what really gets it right is to never—I repeat—never under any conditions face the facts.
    Ruth Gordon (1896–1985)

    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)