NOUN
- currency issued by a government or central bank and consisting of printed paper that can circulate as a substitute for specie
How To Use paper money In A Sentence
- Originally paper money could, upon demand, as of right be changed into gold.
- As soon as the Chinese before dining, lights before the ancestor spirit tablet burns a joss stick, burns several paper moneys , for the steaming hot food, then dines.
- Often, they leave behind fresh fruit and flowers, and some even burn paper money and other offerings to the souls of their ancestors.
- Family members gather and visit the graves of their ancestors to burn offerings of paper money and incense.
- Originally paper money could, upon demand, as of right be changed into gold.
- Originally paper money could, upon demand, as of right be changed into gold.
- This was the peso, equal to the 8 Argentine reales and, from 1840, subdivided into 100 centésimos, with some paper money also issued in reales.
- (_Gentz_, Werke, V, 62.) _Huskisson_ rightly calls a depreciated paper currency a much worse thing than clipped coin: the clipping of the coin is, so to speak, one great blow after which people can again calculate with certainty; but bad paper money is one continual fluctuation. System der volkswirthschaft. English
- He designed and engraved the plates for the first paper money in Massachusetts and established the first mill for rolling copper sheets.
- All paper money systems in history have, after some time, experienced growing financial instabilities, economic volatility, and an accelerating decline in money's purchasing power. Forty Years of Paper Money