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:
“Words are wise mens counters, they do but reckon by them: but they are the money of fools.”
—Thomas Hobbes (15881679)
“Too many desires harm the mind; to desire much money harms the body.”
—Chinese proverb.
“Give me the resurrection of the body! said Dukes. But itll come in time, when weve shoved the cerebral stone away a bit, the money and the rest. Then well get a democracy of touch, instead of a democracy of pocket.”
—D.H. (David Herbert)