TeachMeFinance.com - explain currency
currency -- coins and paper money, which circulate as a legal medium of exchange.
Currency -- That which is in general use and circulation as
money; see Money.
Currency, however, is commonly construed as paper money,
whether United States notes (greenbacks), gold certificates,
silver certificates, Treasury notes (silver-purchase notes) or
Coins of a denomination less than $1 are designated as fractional
Copyright © 2005 by Mark McCracken, All Rights Reserved.
TeachMeFinance.com is an informational website, and should not be used as a
substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any
investment or financial decision.
Please read our disclaimer.