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:
“Children need money. As they grow older they need more money. They need money for essentially the same reasons that adults need money. They need to buy stuff....They need it regardless of whether they get good grades, violate a family rule, or offend a parent.”
—Donald C. Medeiros (20th century)
“It’s not money that brings happiness, it’s lots of money.”
—Russian saying, trans. by Vladimir Ivanovich Shlyakov (1993)
“The money complex is the demonic, and the demonic is God’s ape; the money complex is therefore the heir to and substitute for the religious complex, an attempt to find God in things.”
—Norman O. Brown (b. 1913)