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:
“What is any respectable girl brought up to do but to catch some rich man’s fancy and get the benefit of his money by marrying him?—as if a marriage ceremony could make any difference in the right or wrong of the thing!”
—George Bernard Shaw (1856–1950)
“Neither money nor position can atone to me for low birth.”
—Anthony Trollope (1815–1882)
“Once again, we’ve wasted time and money by dealing with the homeless backward. Too much energy has gone into deciding where we do not want them to be, and making sure that they would not be there.”
—Anna Quindlen (b. 1952)