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currency
1. Pay-dirt The shameful currency of Theo's interrogatory art
2. Everyone uses currency, so to make a coinage with engravings upon it would keep people up to date on news and current events
3. Friendly barter was the currency now
4. Helen watches the doctor as he packs his clothes, wrapping the American currency in his boxer shorts
5. Harry spent the Christmas holiday in Redditch, and the first evening by bringing the Allcocks into currency with his architectural career
6. of the late disturbances, three shillings and sixpence currency, equal to two shillings sterling, a-day ; ship-carpenters, ten shillings and sixpence currency, with a pint of rum, worth sixpence sterling, equal in all to six shillings and sixpence sterling; house-carpenters and bricklayers, eight shillings currency, equal to four shillings and sixpence sterling ; journeymen tailors, five shillings currency, equal to about two shillings and tenpence sterling
7. Because of Dona’Cora, the value of the man’s life had been used as currency to solve a single question (to which they already knew the answer)
8. When the people of any particular country have such confidence in the fortune, probity and prudence of a particular banker, as to believe that he is always ready to pay upon demand such of his promissory notes as are likely to be at any time presented to him, those notes come to have the same currency as gold and silver money, from the confidence that such money can at any time be had for them
9. If twenty shilling notes, for example, are the lowest paper money current in Scotland, the whole of that currency which can easily circulate there, cannot exceed the sum of gold and silver which would be necessary for transacting the annual exchanges of twenty shillings value and upwards usually transacted within that country
10. The increase of paper money, it has been said, by augmenting the quantity, and consequently diminishing the value, of the whole currency, necessarily augments the money price of commodities
11. But as the quantity of gold and silver, which is taken from the currency, is always equal to the quantity of paper which is added to it, paper money does not necessarily increase the quantity of the whole currency
12. The promissory notes of those banking companies constituted, at that time, the far greater part of the currency of Scotland, which this uncertainty of payment necessarily degraded below value of gold and silver money
13. sometimes depended upon the condition, that the holder of the note should bring the change of a guinea to the person who issued it; a condition which the holders of such notes might frequently find it very difficult to fulfil, and which must have degraded this currency below the value of gold and silver money
14. Notwithstanding any regulation of this kind, it appeared, by the course of exchange with Great Britain, that £100 sterling was occasionally considered as equivalent, in some of the colonies, to £130, and in others to so great a sum as £1100 currency ; this difference in the value arising from the difference in the quantity of paper emitted in the different colonies, and in the distance and probability of the term of its final discharge and redemption
15. No law, therefore, could be more equitable than the act of parliament, so unjustly complained of in the colonies, which declared, that no paper currency to be emitted there in time coming, should be a legal tender of payment
16. Its paper currency, accordingly, is said never to have sunk below the value of the gold and silver which was current in the colony before the first emission of its paper money
17. A pound, colony currency, therefore, even when that currency was gold and silver, was more than thirty per cent
18. below the value of £1 sterling; and when that currency was turned into paper, it was seldom much more than thirty per cent
19. If the bank which issued this paper was careful to keep the quantity of it always somewhat below what could easily be employed in this manner, the demand for it might be such as to make it even bear a premium, or sell for somewhat more in the market than the quantity of gold or silver currency for which it was issued
20. above the same nominal sum of the gold and silver currency of the country
21. A paper currency which falls below the value of gold and silver coin, does not thereby sink the value of those metals, or occasion equal quantities of them to exchange for a smaller quantity of goods of any other kind
22. It obliges all of them to be more circumspect in their conduct, and, by not extending their currency beyond its due proportion to their cash, to guard themselves against those malicious runs, which the rivalship of so many competitors is always ready to bring upon them
23. they are paid in the common currency of the country
24. What is called bank money, is always of more value than the same nominal sum of common currency
25. A thousand guilders in the bank of Amsterdam, for example, are of more vallue than a thousand guilders of Amsterdam currency
26. Supposing the current money of the two countries equally near to the standard of their respective mints, and that the one pays foreign bills in this common currency, while the other pays them in bank money, it is evident that the computed exchange may be in favour of that which pays in bank money, though the real exchange should be in favour of that which pays in current money; for the same reason that the computed exchange may be in favour of that which pays in better money, or in money nearer to its own standard, though the real exchange should be in favour of that which pays in worse
27. The computed exchange has generally been in favour of London with Lisbon, Antwerp, Leghorn, and, if you except France, I believe with most other parts of Europe that pay in common currency ; and it is not improbable that the real exchange was so too
28. The currency of a great state, such as France or England, generally consists almost entirely of its own coin
29. Should this currency, therefore, be at any time worn, clipt, or otherwise degraded below its standard value, the state, by a reformation of its coin, can effectually re-establish its currency
30. But the currency of a small state, such as Genoa or Hamburg, can seldom consist altogether in its own coin, but must be made up, in a great measure, of the coins of all the neighbouring states with which its inhabitants have a continual intercourse
31. Such a state, therefore, by reforming its coin, will not always be able to reform its currency
32. If foreign bills of exchange are paid in this currency, the uncertain value of any sum, of what is in its own nature so uncertain, must render the exchange always very much against such a state, its currency being in all foreign states necessarily valued even below what it is worth
33. disadvantageous exchange must have subjected their merchants, such small states, when they began to attend to the interest of trade, have frequently enacted that foreign bills of exchange of a certain value should be paid, not in common currency, but by an order upon, or by a transfer in the books of a certain bank, established upon the credit, and under the protection of the state, this bank being always obliged to pay, in good and true money, exactly according to the standard of the state
34. The money of such banks, being better than the common currency of the country, necessarily bore an agio, which was greater or smaller, according as the currency was supposed to be more or less degraded below the standard of the state
35. is the supposed difference between the good standard money of the state, and the clipt, worn, and diminished currency, poured into it from all the neighbouring states
36. Bank money, over and above both its in trinsic superiority to currency, and the additional value which this demand necessarily gives it, has likewise some other advantages, It is secure from fire, robbery, and other accidents; the city of Amsterdam is bound for it; it can be paid away by a simple transfer, without the trouble of counting, or the risk of transporting it from one place to another
37. As a shilling fresh from the mint will buy no more goods in the market than one of our common worn shillings, so the good and true money which might be brought from the coffers of the bank into those of a private person, being mixed and confounded with the common currency of the country, would be of no more value than that currency, from which it could no longer be readily distinguished
38. To prevent the stock-jobbing tricks which those opposite interests might sometimes occasion, the bank has of late years come to the resolution, to sell at all times bank money for currency at five per cent
39. endeavouring to explain the reasons why the exchange between the countries which pay in what is called bank money, and those which pay in common currency, should generally appear to be in favour of the former, and against the latter
40. This profit always arises from the difference between the quantity of bullion which the common currency ought to contain and that which it actually does contain
41. Before the late recoinage, when the gold currency of England was two per cent
42. upon the coinage, the common gold currency, though two per cent
43. and the gold currency only two per cent
44. , and the gold currency two per cent
45. Surely he could use some of that as currency when it came to the Black-Briar matriarch’s good will
46. the rate at which one currency can be exchanged for another
47. n: the currency of other countries
48. currency that will probably not fall in value and is readily accepted
49. n: currency that cannot legally be refused in payment of a debt
50. currency that will probably fall in value and is not readily accepted