fractional currency

Coins, not bills

Fractional currency is money worth less than the standard unit—in the U.S., coins or notes worth less than a dollar.

The term often refers specifically to paper money issued during the Civil War when coins were hoarded: The museum displayed fractional currency from the 1860s.

More broadly, it describes any subdivision of a currency's base unit.

Related

denomination · face value · encased · engraving · provisional · numismatics · purchasing power · postage · paper stock · serial numbers · watermarking · liquidity · legal tender · printing press · tender · inflation · retail trade · worn

Categories
Opposites
denomination size

fractional currencybanknotes

Paper currency notes

paper currency · specie · hard money · paper money · folding money

Family

currency, fraction

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Used worldwide · Timeless · Concrete · Rated G