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:

    “We shall never get people whose time is money to take much interest in atoms.”
    —Samuel Butler (1835–1902)

    “I’m tired of Love; I’m still more tired of Rhyme. But money gives me pleasure all the time.”
    —Hilaire Belloc (1870–1953)

    “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)