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TeachMeFinance.com - explain Emergency currency historic definition... Emergency currency -- The name applied to currency intended for temporary use in times of acute money stringency or financial panic. Many plans have been offered to provide for such an issue. The object has been attained indirectly in times past by the voluntary action of clearing house associations in many cities. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2007 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.