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  2. Financial instrument - Wikipedia

    en.wikipedia.org/wiki/Financial_instrument

    Financial instruments are monetary contracts between parties. They can be created, traded, modified and settled. They can be cash (currency), evidence of an ownership, interest in an entity or a contractual right to receive or deliver in the form of currency (forex); debt (bonds, loans); equity (); or derivatives (options, futures, forwards).

  3. Federal Reserve Note - Wikipedia

    en.wikipedia.org/wiki/Federal_Reserve_Note

    A one-dollar bill, the most common Federal Reserve Note . Federal Reserve Notes are the currently issued banknotes of the United States dollar. [1] The United States Bureau of Engraving and Printing produces the notes under the authority of the Federal Reserve Act of 1913 [2] and issues them to the Federal Reserve Banks at the discretion of the Board of Governors of the Federal Reserve System. [2]

  4. Legal tender - Wikipedia

    en.wikipedia.org/wiki/Legal_tender

    Also passed in 1964 was the Decimal Currency Act, which created the basis for a decimal currency, introduced in 1967. As of 2005 [update] , banknotes were legal tender for all payments, and $1 and $2 coins were legal tender for payments up to $100, and 10c, 20c, and 50c silver coins were legal tender for payments up to $5.

  5. Money creation - Wikipedia

    en.wikipedia.org/wiki/Money_creation

    In modern economies, physical currency consists only of a fraction of the broad money supply. [note 2] In the United Kingdom, gross bank deposits outweigh the physical currency issued by the central bank by a factor of more than 30 to 1. The United States, with a currency used substantially in legal and illicit international transactions, has a ...

  6. Government bond - Wikipedia

    en.wikipedia.org/wiki/Government_bond

    A government bond in a country's own currency is strictly speaking a risk-free bond, because the government can if necessary create additional currency in order to redeem the bond at maturity. For most governments, this is possible only through the issue of new bonds, as the governments have no possibility to create currency.

  7. Public liability - Wikipedia

    en.wikipedia.org/wiki/Public_liability

    Public liability is part of the law of tort which focuses on civil wrongs. An applicant (the injured party) usually sues the respondent (the owner or occupier) under common law based on negligence and/or damages. Claims are usually successful when it can be shown that the owner/occupier was responsible for an injury, therefore they breached ...

  8. Foreign exchange certificate - Wikipedia

    en.wikipedia.org/wiki/Foreign_exchange_certificate

    A certificate for purchasing foreign currency at a specified rate, often for a specified purpose, such as financing imports. This type of certificates were required in many European countries after World War II. A certificate denominated in local currency, which foreign citizens are required to use for some or all of their purchases.

  9. Banknotes of the United States dollar - Wikipedia

    en.wikipedia.org/wiki/Banknotes_of_the_United...

    A $1 note was added in 1963 to replace the $1 Silver Certificate after that type of currency had been discontinued. Since United States Notes were discontinued in 1971, Federal Reserve Notes are the only type of currency circulating in the US.