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:
“People will no more advance their civility to a bear, than their money to a bankrupt.”
—Philip Dormer Stanhope, 4th Earl Chesterfield (1694–1773)
“All that remains to the mother in modern consumer society is the role of scapegoat; psychoanalysis uses huge amounts of money and time to persuade analysands to foist their problems on to the absent mother, who has no opportunity to utter a word in her own defence. Hostility to the mother in our societies is an index of mental health.”
—Germaine Greer (b. 1939)
“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)