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fractional currency

   Also found in: Wikipedia 0.04 sec.
fractional currency
n.
Coin or paper currency in a denomination less than a standard monetary unit.

fractional currency
n
(Economics, Accounting & Finance / Banking & Finance) paper or metal money of smaller denomination than the standard monetary unit
ThesaurusLegend:  Synonyms Related Words Antonyms
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


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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.
Their existing currency stayed in circulation and was used as the fractional currency to change a one dollar bill.
E[acute accent]August 25th will feature items such as $1 gold coins, Graded Carson City Silver Dollars, Morgan Dollars, Peace Dollars, Capped Bust pieces, Mercury Dimes, Seated Dimes, Walking Liberties, Buffalo Nickels, Lincoln Pennies, Indian Head Pennies, Fractional Currency, Large Notes, Star Notes, Silver Certificates and Proof and Mint Sets.
 
 
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