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:
“Those who have money go abroad in the world, but those who have no suitable clothes are reluctant to do so.”
—Chinese proverb.
“In another year Ill have enough money saved. Then Im gonna go back to my hometown in Oregon and Im gonna build a house for my mother and myself. And join the country club and take up golf. And Ill meet the proper man with the proper position. And Ill make a proper wife who can run a proper home and raise proper children. And Ill be happy, because when youre proper, youre safe.”
—Daniel Taradash (b. 1913)
“Kindness eases everything almost as much as money does.”
—Mason Cooley (b. 1927)