Definition of fractional currency
1
: paper money in denominations of less than one dollar issued by the U.S. 1863–76
2
: currency in denominations less than the basic monetary unit
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Cite this Entry
“Fractional currency.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/fractional%20currency. Accessed 26 May. 2022.
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Time Traveler for fractional currency
The first known use of fractional currency was in 1862
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