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 extravagant expenditure of public money is an evil not to be measured by the value of that money to the people who are taxed for it.”
—Chester A. Arthur (1829–1886)
“It’s not enough to be great, Charley. I tried to tell you in Philly. I tried to tell you in L.A. We’re infested with rats! [to Peg, Charley’s fiancee] He’s not just a kid who can fight, he’s money! And people want money so bad they make it stink!”
—Abraham Polonsky (b. 1910)
““... he’s helpless
In ways that I can hardly tell you of.
Sometimes he gets possessed to keep accounts
To see where all the money goes so fast.
You know how men will be ridiculous.
But it’s just fun the way he gets bedeviled
If he’s untidy now, what will he be?””
—Robert Frost (1874–1963)