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:

    To get it right, be born with luck or else make it. Never give up. Get the knack of getting people to help you and also pitch in yourself. A little money helps, but what really gets it right is to never—I repeat—never under any conditions face the facts.
    Ruth Gordon (1896–1985)

    Lora May: I’ve been a good wife. The best wife your money could buy.
    Porter: Strictly cash and carry.
    Joseph L. Mankiewicz (1909–1993)

    The perfect pleasure: money is neither fattening nor immoral nor illegal.
    Mason Cooley (b. 1927)