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...
- 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...
- makeshifts. These included currency issues by cities and businesses, encased postage stamps, and federally issued fractional currency—paper notes in denominations...
- issued were 3¢, 5¢, 10¢, 15¢, 25¢ and 50¢. There were five issues of fractional currency. In 1863 and 1864, compound interest treasury notes were issued....
- issued paper currency. In 1865, Congress abolished the five-cent fractional currency note after Spencer M. Clark, head of the Currency Bureau (today...
- 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...
- 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...
- 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...
- internal government transactions. The United States also issued fractional currency for a brief time in the 1860s and 1870s, in several denominations...
- appeared on fractional currency, as did Francis Spinner and Spencer Clark who both approved the use of their own image on fractional currency. In 1873,...