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:

    ...I’m not money hungry.... People who are rich want to be richer, but what’s the difference? You can’t take it with you. The toys get different, that’s all. The rich guys buy a football team, the poor guys buy a football. It’s all relative.
    Martina Navratilova (b. 1956)

    The secret point of money and power in America is neither the things that money can buy nor power for power’s sake ... but absolute personal freedom, mobility, privacy. It is the instinct which drove America to the Pacific, all through the nineteenth century, the desire to be able to find a restaurant open in case you want a sandwich, to be a free agent, live by one’s own rules.
    Joan Didion (b. 1934)

    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)