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:
“Americans living in Latin American countries are often more snobbish than the Latins themselves. The typical American has quite a bit of money by Latin American standards, and he rarely sees a countryman who doesn’t. An American businessman who would think nothing of being seen in a sport shirt on the streets of his home town will be shocked and offended at a suggestion that he appear in Rio de Janeiro, for instance, in anything but a coat and tie.”
—Hunter S. Thompson (b. 1939)
“Once again, we’ve wasted time and money by dealing with the homeless backward. Too much energy has gone into deciding where we do not want them to be, and making sure that they would not be there.”
—Anna Quindlen (b. 1952)
“My boy ... always try to rub up against money, for if you rub up against money long enough, some of it may rub off on you.”
—Damon Runyon (1884–1946)