fractional currency

n. Paper currency in denominations less than one dollar, issued by the US government from 1862-1876.

fractional currency

n (Banking & Finance) paper or metal money of smaller denomination than the standard monetary unit

frac′tional cur′rency

n. coins or paper money of a smaller denomination than the basic monetary unit. [1860–65, Amer.]

Thesaurus

Noun

fractional currency - paper currency in denominations less than the basic monetary unitfolding money, paper currency, paper money - currency issued by a government or central bank and consisting of printed paper that can circulate as a substitute for specie

fractional currency