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:

    “Put not your trust in money, but put your money in trust.”
    —Oliver Wendell Holmes, Sr. (1809–1894)

    “I began quite early in life to sense the thrill a girl attains in supplying money to a man.”
    —Anita Loos (1894–1981)

    “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)