TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

token money [1 record]

Record 1 2007-05-24

English

Subject field(s)
  • Coins and Bank Notes
  • Numismatics
DEF

Coins where the value of the metal in them is less than the value attached to them by law, such as the cupro-nickel and bronze coins of the UK. [Klein, Gerald. Dictionary of Banking. Pitman Publishing, 1995].

CONT

Because the metal in all these coins is worth far less than their face value, they are termed "token money".

French

Domaine(s)
  • Pièces de monnaie et billets de banque
  • Numismatique

Spanish

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