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:

    Put not your trust in money, but put your money in trust.
    Oliver Wendell Holmes, Sr. (1809–1894)

    The Gospel of the army is cunning, as of all other human activities. The wisdom of the snake under the meekness of the sheep is what wins out.
    The first Commandment is—never let them get anything on you—
    The second: Graft—get privileges others haven’t got—worm yourself into confidence
    The Third—seem neat and prosperous—as if you had money in the bank—
    John Dos Passos (1896–1970)

    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)