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:
“No one would remember the Good Samaritan if he’d only had good intentions—he had money as well.”
—Margaret Thatcher (b. 1925)
“The disaster ... is not the money, although the money will be missed. The disaster is the disrespect—this belief that the arts are dispensable, that they’re not critical to a culture’s existence.”
—Twyla Tharp (b. 1941)
“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)