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:
“...I’m not money hungry.... People who are rich want to be richer, but what’s the difference? You can’t take it with you. The toys get different, that’s all. The rich guys buy a football team, the poor guys buy a football. It’s all relative.”
—Martina Navratilova (b. 1956)
“When I meet a government which says to me, “Your money or your life,” why should I be in haste to give it my money?”
—Henry David Thoreau (1817–1862)
“All money nowadays seems to be produced with a natural homing instinct for the Treasury.”
—Prince Philip (b. 1921)