to settle (a debt, obligation, etc.), as by transferring money or goods, or by doing something: Please pay your bill. to give over (a certain amount of money) in exchange for something: He paid twenty dollars for the shirt.
Each individual conceives the value of money for success, perceives the value of money for social status, and senses the value of money as a means to fulfill physical needs. Money became a symbol for the success and fulfillment of the individual as a member of the collective.
Money can be defined as a token or object that functions as a medium of exchange that is socially and legally accepted in payment for goods and services and in settlement of debts. Money also serves as a standard of value for measuring the relative worth of different goods and services and as a store of value.