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:
“... money trials are not the hardest, and somehow or other, they are always overcome.”
—Amelia E. Barr (1831–1919)
“Sir, he throws away his money without thought and without merit. I do not call a tree generous that sheds its fruit at every breeze.”
—Samuel Johnson (1709–1784)
“Having money is rather like being a blond. It is more fun but not vital.”
—Mary Quant (b. 1936)