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:
“When the history of guilt is written, parents who refuse their children money will be right up there in the Top Ten.”
—Erma Brombeck (20th century)
“I didn’t mince my words, I said to her myself,
HURRY UP PLEASE ITS TI—E
Now Albert’s coming back, make yourself a bit smart.
He’ll want to know what you done with that money he gave you
To get yourself some teeth.”
—T.S. (Thomas Stearns)
“I would gladly chastise those who represent things as different from what they are. Those who steal property or make counterfeit money are punished, and those ought to be still more severely dealt with who steal away or falsify the good name of a prince.”
—Elizabeth I (1533–1603)