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:
“A drunkard would not give money to sober people. He said they would only eat it, and buy clothes and send their children to school with it.”
—Samuel Butler (1835–1902)
“No money is better spent than what is laid out for domestic satisfaction.”
—Samuel Johnson (1709–1784)
“If there’s no money in poetry, neither is there poetry in money.”
—Robert Graves (1895–1985)