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.
Read more about Money.
Famous quotes containing the word money:
“There is some ill a-brewing towards my rest,
For I did dream of money bags tonight.”
—William Shakespeare (1564–1616)
“I hesitate to deposit money in a bank. I am afraid I shall never dare to take it out again. When you go to confession and entrust your sins to the safe-keeping of the priest, do you ever come back for them?”
—Jean Baudrillard (b. 1929)
“I’m tired of Love; I’m still more tired of Rhyme. But money gives me pleasure all the time.”
—Hilaire Belloc (1870–1953)