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romissory bills, issued from the exchequer by authority of Parliament; a species of paper currency emitted under the authority of the government, and bearing interest.

he fourth of a penny; a small copper coin of Great Britain, being a cent in United States currency.

tain proceedings given by the Lord Chancellor's signature. Fiat money, irredeemable paper currency, not resting on a specie basis, but deriving its purchasing power from the declaratory fiat of the government issuing it.

y diffused; an overflowing; a superabundance; as, a flood of bank notes; a flood of paper currency.

d separation, by means of repeated solution and crystallization therefrom. -- Fractional currency, small coin, or paper notes, in circulation, of less value than the monetary unit. -- Fractional distillation (Chem.), a process of distillation so conducted that a mixture of liquids, differing considerably from each ot…

To be passed on fron one to another; to pass; to circulate; hence, with for, to have currency; to be taken, accepted, or regarded. The man went among men for an old man in the days of Saul. 1 Sa. xvii. 12. [The money] should go according to its true value. Locke.

anged for, or converted into, something else; as, the inconvertibility of an irredeemable currency, or of lead, into gold.

To cause to become unduly expanded or increased; as, to inflate the currency.

Undue expansion or increase, from overissue; -- said of currency. [U.S.]

able in gold or silver, as a bond; -- used especially of such government notes, issued as currency, as are not convertible into coin at the pleasure of the holder. -- Ir`re*deem"a*ble*ness, adv.

That currency, or money, which the law authorizes a debtor to tender and requires a creditor to receive. It differs in different countries.

"The monetary relations of Europe." E. Everett. Monetary unit, the standard of a national currency, as the dollar in the United States, the pound in England, the franc in France, the mark in Germany.

tandard coined money and is lawfully current in lieu of it; in a comprehensive sense, any currency usually and lawfully employed in buying and selling.

The legalized use of one metal only, as gold, or silver, in the standard currency of a country, or as a standard of money values. See Bimetallism.

the noun muck"rak`er, to designate one so engaged, were speedily coined and obtained wide currency. The original allusion was to a character in Bunyan's "Pilgrim's Progress" so intent on raking up muck that he could not see a celestial crown held above him.

To nail a lie or an assertion, etc., to detect and expose it, so as to put a stop to its currency; -- an expression probably derived from the former practice of shopkeepers, who were accustomed to nail bad or counterfeit pieces of money to the counter.

To put in circulation; to give currency to; as, to pass counterfeit money. "Pass the happy news." Tennyson.

Reception; currency. [Obs.] Sir K. Digby.

A party formed in 1891, advocating in an increase of the currency, public ownership and operation of railroads, telegraphs, etc., an income tax, limitation in ownership of land, etc.

ermany. It is the hundredth part of a mark, or about a quarter of a cent in United States currency.