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:
“Having money is rather like being a blond. It is more fun but not vital.”
—Mary Quant (b. 1936)
“Those things for which the most money is demanded are never the things which the student most wants. Tuition, for instance, is an important item in the term bill, while for the far more valuable education which he gets by associating with the most cultivated of his contemporaries no charge is made.”
—Henry David Thoreau (1817–1862)
“Colonel “Bat” Guano: Okay, I’m going to get your money for you. But if you don’t get the President of the United States on that phone, you know what’s going to happen to you?
Group Captain Lionel Mandrake: What?
Colonel “Bat” Guano: You’re going to have to answer to the Coca-Cola company.”
—Stanley Kubrick (b. 1928)