Money

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:

    Criminals are never very amusing. It’s because they’re failures. Those who make real money aren’t counted as criminals. This is a class distinction, not an ethical problem.
    Orson Welles (1915–1985)

    A real gentleman, even if he loses everything he owns, must show no emotion. Money must be so far beneath a gentleman that it is hardly worth troubling about.
    Feodor Dostoyevsky (1821–1881)

    There is a gigantic difference between earning a great deal of money and being rich.
    Marlene Dietrich (1904–1992)