Definition of Fractional currency. Meaning of Fractional currency. Synonyms of Fractional currency

Here you will find one or more explanations in English for the word Fractional currency. Also in the bottom left of the page several parts of wikipedia pages related to the word Fractional currency and, of course, Fractional currency synonyms and on the right images related to the word Fractional currency.

Definition of Fractional currency

Fractional currency
Fractional Frac"tion*al, a. 1. Of or pertaining to fractions or a fraction; constituting a fraction; as, fractional numbers. 2. Relatively small; inconsiderable; insignificant; as, a fractional part of the population. Fractional crystallization (Chem.), a process of gradual and approximate purification and separation, by means of repeated solution and crystallization therefrom. Fractional currency, small coin, or paper notes, in circulation, of less value than the monetary unit. Fractional distillation (Chem.), a process of distillation so conducted that a mixture of liquids, differing considerably from each other in their boiling points, can be separated into its constituents.

Meaning of Fractional currency from wikipedia

- Fractional currency, also referred to as shinplasters, was introduced by the United States federal government following the outbreak of the Civil War...
- worth far more as bullion). Civil War paper currency issue in denominations below $1, i.e. fractional currency, sometimes pejoratively referred to as shinplasters...
- A fractional currency shield is a 20 in × 25 in (510 mm × 640 mm) printed "shield" on which were placed images of 39 different fractional currency notes...
- Fractional-reserve banking is the system of banking in all countries worldwide, under which banks that take deposits from the public keep only part of...
- issued paper currency. In 1865, Congress abolished the five-cent fractional currency note after Spencer M. Clark, head of the Currency Bureau (today...
- 27.07 grams of 0.917 fine silver (revised to 0.903 fine in 1771). Fractional currency was supplied by cutting the Spanish dollar coin, most commonly into...
- of George Washington standing) $500 Interest Bearing Note $1000 Fractional currency 10¢ and 50¢ first issues 5¢, 10¢, 25¢, and 50¢ second issue 3¢, and...
- issued were 3¢, 5¢, 10¢, 15¢, 25¢ and 50¢. There were five issues of fractional currency. Interest bearing notes were issued from 1863 to 1865 and bore a...
- with various difficulties. Money came in different coinages, and fractional currency in addition to the real and the cuarto also existed. Peso coins with...
- for commemorative purposes, are considered "circulating currencies". This includes fractional units that have no physical form but are recognized by the...