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:
“Too many desires harm the mind; to desire much money harms the body.”
—Chinese proverb.
“We shall never get people whose time is money to take much interest in atoms.”
—Samuel Butler (1835–1902)
“The notion of making money by popular work, and then retiring to do good work, is the most familiar of all the devil’s traps for artists.”
—Logan Pearsall Smith (1865–1946)