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:
“Among the Very Rich you will never find a really generous man, even by accident. They may give their money away, but they will never give themselves away; they are egoistic, secretive, dry as old bones. To be smart enough to get all that money you must be dull enough to want it.”
—Gilbert Keith Chesterton (1874–1936)
“Lora May: I’ve been a good wife. The best wife your money could buy.
Porter: Strictly cash and carry.”
—Joseph L. Mankiewicz (1909–1993)
“When money disappears, we soon understand the power of absence.”
—Mason Cooley (b. 1927)