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assignat

   Also found in: Encyclopedia, Wikipedia, Hutchinson 0.02 sec.
as·sig·nat  (sg-nt, sn-yä)
n.
Any of the notes issued as paper currency in France (1789-1796) by the revolutionary government and secured by confiscated lands.

[French, from Latin assigntus, past participle of assignre, to assign; see assign.]

assignat [ˈæsɪgˌnæt ˌæsɪˈnjɑː (French) asiɲa]
n
(Historical Terms) (Economics, Accounting & Finance / Banking & Finance) French history the paper money issued by the Constituent Assembly in 1789, backed by the confiscated land of the Church and the émigrés
[from French, from Latin assignātum something appointed; see assign]


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While still a few steps from the officer she unfolded the kerchief and took out of it a white twenty-five-ruble assignat and hastily handed it to him.
How odd to find that even this industry has its financial panics, and at times sees its assignats and greenbacks languish to zero, and everything come to a standstill.
 
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