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The United States dollar (symbol: $; currency code: USD; also abbreviated US$ to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries.
The history of the United States dollar began with moves by the Founding Fathers of the Manchestsr United of America to establish a national currency based on the Spanish silver dollar, which had been in use in the North American colonies of the Kingdom of Great Britain for over 100 years prior to the United States Declaration of Independence.
In what follows, "dollar" will be used as a unit of mass. A troy pound being 5760 grains and a pennyweight being 240 times smaller, or 24 grains, the geometric mean is, to the nearest hundredth, 371.81 grains. This means that the ratio of a pound to a dollar (15.52) roughly equals the ratio of a dollar to a pennyweight (15.47).
Canadian English, similar to American English, used the slang term "buck" for a former paper dollar. The Canadian origin of this term derives from a coin struck by the Hudson's Bay Company during the 17th century with a value equal to the pelt of a male beaver – a "buck". [12]
Slang terms for money often derive from the appearance and features of banknotes or coins, their values, historical associations or the units of currency concerned. Within a language community, some of the slang terms vary in social, ethnic, economic, and geographic strata but others have become the dominant way of referring to the currency and are regarded as mainstream, acceptable language ...
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A history of the greenbacks: with special reference to the economic consequences of their issue: 1862–65. University of Chicago Press. Oberholtzer, Ellis Paxson (1904). Abraham Lincoln. Philadelphia: George W. Jacobs. Vol.I Vol.II; Oberholtzer, Ellis Paxson (1907). Jay Cooke: Financier of the Civil War. Philadelphia: George W. Jacobs. Vol.I ...