- fractional monetary unit
- nouna monetary unit that is valued at a fraction (usually one hundredth) of the basic monetary unit• Syn: ↑subunit• Hypernyms: ↑monetary unit• Hyponyms:
Useful english dictionary. 2012.
fractional monetary unit
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monetary unit — noun a unit of money • Hypernyms: ↑unit of measurement, ↑unit • Hyponyms: ↑dollar, ↑euro, ↑franc, ↑fractional monetary unit, ↑subunit, ↑ … Useful english dictionary
Fractional-reserve banking — is the banking practice in which banks keep only a fraction of the value of their bank notes and demand deposits in reserve and invest the balance in interest earning assets while maintaining the obligation to redeem all bank notes and demand… … Wikipedia
Fractional — Frac tion*al, a. 1. Of or pertaining to fractions or a fraction; constituting a fraction; as, fractional numbers. [1913 Webster] 2. Relatively small; inconsiderable; insignificant; as, a fractional part of the population. [1913 Webster]… … The Collaborative International Dictionary of English
Fractional crystallization — Fractional Frac tion*al, a. 1. Of or pertaining to fractions or a fraction; constituting a fraction; as, fractional numbers. [1913 Webster] 2. Relatively small; inconsiderable; insignificant; as, a fractional part of the population. [1913… … The Collaborative International Dictionary of English
Fractional currency — Fractional Frac tion*al, a. 1. Of or pertaining to fractions or a fraction; constituting a fraction; as, fractional numbers. [1913 Webster] 2. Relatively small; inconsiderable; insignificant; as, a fractional part of the population. [1913… … The Collaborative International Dictionary of English
Fractional distillation — Fractional Frac tion*al, a. 1. Of or pertaining to fractions or a fraction; constituting a fraction; as, fractional numbers. [1913 Webster] 2. Relatively small; inconsiderable; insignificant; as, a fractional part of the population. [1913… … The Collaborative International Dictionary of English
fractional currency — ☆ fractional currency n. small coins or paper money of a denomination less than the standard monetary unit [dimes and pennies are fractional currency] … English World dictionary
Monetary policy — Part of a series on Government Public finance File:Governmentbhj,i,gu Vedder Highsmith detail 1.jpeg … Wikipedia
fractional currency — noun paper currency in denominations less than the basic monetary unit • Hypernyms: ↑paper money, ↑folding money, ↑paper currency * * * noun 1. : paper money in denominations of less than one dollar issued by the United States 1863 76 2. :… … Useful english dictionary
fractional currency — noun Date: 1862 1. paper money in denominations of less than one dollar issued by the United States 1863 76 2. currency in denominations less than the basic monetary unit … New Collegiate Dictionary
