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 hesitate to deposit money in a bank. I am afraid I shall never dare to take it out again. When you go to confession and entrust your sins to the safe-keeping of the priest, do you ever come back for them?
    Jean Baudrillard (b. 1929)

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

    Black women ... work because their husbands can’t make enough money at their jobs to keep everything going.... They don’t go to work to find fulfillment, or adventure, or glamour and romance, like so many white women think they are doing. Black women work out of necessity.
    Wilma Rudolph (1940–1994)