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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 ...
For example, a common definition of "person" is "a living human" and a common definition of "car" is "a wheeled, self-powered motor vehicle used for transporting passengers". It would not be a pleonasm to say "living person" or "working car", just as it would not be a pleonasm to say "circulating currency".
The notes were not legal tender in general, but were satisfactory for nearly all payments to and by the federal government. National Bank Notes were retired as a currency type by the U.S. government in the 1930s, when U.S. currency was consolidated into Federal Reserve Notes, United States Notes, and silver certificates.
The local name of the currency is used in this list, with the adjectival form of the country or region. ... Japanese government-issued Philippine fiat peso ...
The U.S. government decided to substitute paper currency of denominations under a dollar for coins in order to solve the problem. The denominations issued were 3¢, 5¢, 10¢, 15¢, 25¢ and 50¢. There were five issues of fractional currency.
This is a list of alternative names for currency. A currency refers to money in any form when in actual use or circulation as a medium of exchange , especially circulating banknotes and coins . [ 1 ] [ 2 ] A more general definition is that a currency is a system of money (monetary units) in common use, especially in a nation.
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The alternative to a commodity money system is fiat money which is defined by a central bank and government law as legal tender even if it has no intrinsic value. Originally fiat money was paper currency or base metal coinage, but in modern economies it mainly exists as data such as bank balances and records of credit or debit card purchases, [3] and the fraction that exists as notes and coins ...