fractional currency


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fractional currency

n.
Paper currency in denominations less than one dollar, issued by the US government from 1862-1876.

fractional currency

n
(Banking & Finance) paper or metal money of smaller denomination than the standard monetary unit

frac′tional cur′rency


n.
coins or paper money of a smaller denomination than the basic monetary unit.
[1860–65, Amer.]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.fractional currency - paper currency in denominations less than the basic monetary unit
folding money, paper currency, paper money - currency issued by a government or central bank and consisting of printed paper that can circulate as a substitute for specie
References in periodicals archive ?
CIT collected by museums of the city of Paris to the premises of the Bank of France and the supply of fractional currency of these museums from the premises of the Bank of France.
They include information on history and collecting with facsimiles and valuations of various bills, from one to ten thousand-dollar notes, as well as fractional currency, treasury notes of the War of 1812, encased postage stamps, and error notes.
Among his rare collection, he owns the First Postal Currency Stamp, also called Fractional Currency, issued in 1866 during the Civil War in the Honduras.

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