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:
“Nowadays love is a matter of chance, matrimony a matter of money and divorce a matter of course.”
—Helen Rowland (1875–1950)
““Give me the resurrection of the body!” said Dukes. “But it’ll come in time, when we’ve shoved the cerebral stone away a bit, the money and the rest. Then we’ll get a democracy of touch, instead of a democracy of pocket.””
—D.H. (David Herbert)
“Money is the last enemy that shall never be subdued. While there is flesh there is money—or the want of money, but money is always on the brain so long as there is a brain in reasonable order.”
—Samuel Butler (1835–1902)