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:

    Poetry asks people to have values, form opinions, care about some other part of experience besides making money and being successful on the job.
    Toi Derricotte (b. 1941)

    I began quite early in life to sense the thrill a girl attains in supplying money to a man.
    Anita Loos (1894–1981)

    Wealth, howsoever got, in England makes
    Lords of mechanics, gentlemen of rakes;
    Antiquity and birth are needless here;
    ‘Tis impudence and money makes a peer.
    Daniel Defoe (1660–1731)