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:

    I have imbibed such a love for money that I keep some sequins in a drawer to count, & cry over them once a week.
    George Gordon Noel Byron (1788–1824)

    But it takes a lot of money to live freely by the sea.
    Albert Camus (1913–1960)

    The money complex is the demonic, and the demonic is God’s ape; the money complex is therefore the heir to and substitute for the religious complex, an attempt to find God in things.
    Norman O. Brown (b. 1913)