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:
“It’s not money that brings happiness, it’s lots of money.”
—Russian saying, trans. by Vladimir Ivanovich Shlyakov (1993)
“Ford. If money go before, all ways do lie open.
Falstaff. Money is a good soldier, sir, and will on.”
—William Shakespeare (1564–1616)
“Scientists have odious manners, except when you prop up their theory; then you can borrow money of them.”
—Mark Twain [Samuel Langhorne Clemens] (1835–1910)