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DIVISIONAL CURRENCY [1 record]

Record 1 2005-10-06

English

Subject field(s)
  • Currency and Foreign Exchange
DEF

Any currency denominated in fractions of the main currency unit, as are pence to pounds and cents to dollars.

Key term(s)
  • divisional currency

French

Domaine(s)
  • Politique monétaire et marché des changes
DEF

Monnaie d'appoint qui représente une fraction de l'unité monétaire, frappée le plus souvent sur un alliage métallique commun et dont la fonction essentielle est de rendre possible des transactions de très faibles montants ou dont le total comporte des décimales.

Key term(s)
  • monnaie fractionnaire

Spanish

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