blocked currency. Currency or bank deposits that, by government restriction, may be used only within the country where they are located.
fractional currency. Paper money worth less than one dollar; esp., the currency issued by the federal government from 1863 to 1876.
hard currency. Currency backed by reserves, esp. gold and silver reserves.
national currency. Currency approved by a national government and placed in circulation as a medium of ex-change. See LEGAL TENDER. [Cases: United States 34. C.J.S. United States §§ 162–163.]
postal currency. A fractional currency bearing a facsimile of postage stamps during the Civil War.
soft currency. Currency not backed by reserves and therefore subject to sharp fluctuations in value.
United States currency. Currency issued under the authority of the federal government.
