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:
“When all who had money and leisure
Grew rural o’er ices and wines,
All pleasantly toiling for pleasure,
All hungrily pining for pines,
And making of beautiful speeches,
And marring of beautiful shows,
And feeding on delicate peaches,
And treading on delicate toes.”
—Winthrop Mackworth Praed (1802–1839)
“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)
“It’s important to remember that feminism is no longer a group of organizations or leaders. It’s the expectations that parents have for their daughters, and their sons, too. It’s the way we talk about and treat one another. It’s who makes the money and who makes the compromises and who makes the dinner. It’s a state of mind. It’s the way we live now.”
—Anna Quindlen (20th century)