fractional currency

noun

1. coins or paper money of a smaller denomination than the basic monetary unit.

fractional currency

noun

1. paper or metal money of smaller denomination than the standard monetary unit

Word History and Origins

Origin of fractional currency¹

An Americanism dating back to 1860–65

Example Sentences

By this Act there was to be a coinage of ten, twenty-five and fifty-cent silver pieces, which were to be exchanged for fractional currency until it was all redeemed.

From Project Gutenberg

He opened the first bank in Stillwater when fractional currency was in demand.

From Project Gutenberg

Roy Thompson.—There is no premium on the fractional currency used during the war, unless it is perfectly fresh and has never been circulated.

From Project Gutenberg

The half dollar, the quarter dollar, and the dime, for fractional currency, are proportional parts of 385.8 grains of silver nine-tenths fine.

From Project Gutenberg

"Fifty cents on the deuce; 50 cents on the five," said Shorty, laying down the fractional currency.

From Project Gutenberg