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.
Read more about Money.
Famous quotes containing the word money:
“The universal regard for money is the one hopeful fact in our civilisation. Money is the most important thing in the world. It represents health, strength, honour, generosity and beauty.... Not the least of its virtues is that it destroys base people as certainly as it fortifies and dignifies noble people.”
—George Bernard Shaw (1856–1950)
“I have defeated them all.... I was left with some money to battle with the world when quite young, and at the present time have much to feel proud of.... The Lord gave me talent, and I know I have done good with it.... For my brains have made me quite independent and without the help of any man.”
—Harriet A. Brown, U.S. inventor and educator. As quoted in Feminine Ingenuity, ch. 8, by Anne L. MacDonald (1992)
“The Gospel of the army is cunning, as of all other human activities. The wisdom of the snake under the meekness of the sheep is what wins out.
The first Commandment is—never let them get anything on you—
The second: Graft—get privileges others haven’t got—worm yourself into confidence
The Third—seem neat and prosperous—as if you had money in the bank—”
—John Dos Passos (1896–1970)