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TeachMeFinance.com - explain denomination
denomination -- the value of a particular size or type of coin, paper currency, stamp, or security.
historic definition...
Denomination. A designation for an amount in money, or
value, as a bill (piece of paper money) of the denomination of
$100 or a bond of the denomination of $1,000 or a share of
stock of the denomination of $100 or a Bank of England note
of the denomination of 25 pounds.
About the author
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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".
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Copyright © 2005 by Mark McCracken, All Rights Reserved.
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