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:

    The way I see it, God gave me the body, so I intend to use it. It’s a big ego trip.... You know, you look around a bar, you pick out a guy and you say, that’s the one: I’m going to take all of his money tonight.
    Teresa Beaty (b. c. 1975)

    Ford. If money go before, all ways do lie open.
    Falstaff. Money is a good soldier, sir, and will on.
    William Shakespeare (1564–1616)

    No one would remember the Good Samaritan if he’d only had good intentions—he had money as well.
    Margaret Thatcher (b. 1925)