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:
“If there’s no money in poetry, neither is there poetry in money.”
—Robert Graves (1895–1985)
“I never thought that the possession of money would make me feel rich: it often does seem to have an opposite effect. But then, I have never had the opportunity of knowing, by experience, how it does make one feel. It is something to have been spared the responsibility of taking charge of the Lord’s silver and gold.”
—Lucy Larcom (1824–1893)
“In general, the art of government consists in taking as much money as possible from one party of the citizens to give to the other.”
—Voltaire [François Marie Arouet] (1694–1778)