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)

    There is some ill a-brewing towards my rest,
    For I did dream of money bags tonight.
    William Shakespeare (1564–1616)

    Of course, money will do after its kind, and will steadily work to unspiritualize and unchurch the people to whom it was bequeathed.
    Ralph Waldo Emerson (1803–1882)