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Fractional Currency

Definition: Fractional currency refers to a form of currency that is issued in denominations smaller than the basic unit of a monetary system. It is typically used for lower value transactions or as a substitute for coins.

Examples of Usage:

1. Noun: In the United States during the mid-19th century, fractional currency (also known as "shinplasters") was issued in denominations such as 5 cents, 10 cents, 25 cents, and 50 cents.
2. Adjective: The convenience store only accepts fractional currency for purchases under $1.
3. Verb: Due to the shortage of coins, the government decided to fractionally currency their monetary system by introducing 1 cent and 2 cents coins.

Related Products:

If you are interested in learning more about fractional currency, you may find the following related products on Amazon:

• Books on Fractional Currency
• Fractional Currency Collectibles
• History of Fractional Currency