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:
“People will no more advance their civility to a bear, than their money to a bankrupt.”
—Philip Dormer Stanhope, 4th Earl Chesterfield (16941773)
“With money and wine, you will have many friends, but when you are in trouble, will you see even one?”
—Chinese proverb.
“Nowadays love is a matter of chance, matrimony a matter of money and divorce a matter of course.”
—Helen Rowland (18751950)