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:
“The extravagant expenditure of public money is an evil not to be measured by the value of that money to the people who are taxed for it.”
—Chester A. Arthur (1829–1886)
“I know the ice in your drink is senile.
I know your smile will develop a boil.
You know only that you are on top,
swinging like children on the money swing....”
—Anne Sexton (1928–1974)
“There is a gigantic difference between earning a great deal of money and being rich.”
—Marlene Dietrich (1904–1992)