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:
“... there is something quixotic in me about money, something meek and guilty. I want it and like it. But I cannot imagine insisting on it, pressing it out of people. I always vaguely feel: why should I have money when other people have it not? It is like taking the biggest piece of cake. And I can never feel that I have earned it.”
—Brenda Ueland (1891–1985)
“Who could deny that our Austria is richer than any other country? As the saying goes: “We have money like manure.””
—Franz Grillparzer (1791–1872)
“Words are wise men’s counters, they do but reckon by them: but they are the money of fools.”
—Thomas Hobbes (1588–1679)