Money

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:

    Lora May: I’ve been a good wife. The best wife your money could buy.
    Porter: Strictly cash and carry.
    Joseph L. Mankiewicz (1909–1993)

    You’re a dreamer, Doc. Too much money is bad for dreamers.
    —John Thomas Neville. Jean Yarborough. Henry Morton (Guy Usher)

    People will no more advance their civility to a bear, than their money to a bankrupt.
    Philip Dormer Stanhope, 4th Earl Chesterfield (1694–1773)