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:

    An actress is not a machine, but they treat you like a machine. A money machine.
    Marilyn Monroe (1926–1962)

    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)

    All that remains to the mother in modern consumer society is the role of scapegoat; psychoanalysis uses huge amounts of money and time to persuade analysands to foist their problems on to the absent mother, who has no opportunity to utter a word in her own defence. Hostility to the mother in our societies is an index of mental health.
    Germaine Greer (b. 1939)