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:

    Clearly money has something to do with life....
    Philip Larkin (1922–1986)

    The ways by which you may get money almost without exception lead downward. To have done anything by which you earned money merely is to have been truly idle or worse.
    Henry David Thoreau (1817–1862)

    If I were a Brazilian without land or money or the means to feed my children, I would be burning the rain forest too.
    Sting [Gordon Matthew Sumner] (b. 1951)