Silver certificate

Silver certificate
Silver certificate Sil"ver cer*tif"i*cate A certificate issued by a government that there has been deposited with it silver to a specified amount, payable to the bearer on demand. In the United States and its possessions, it is issued against the deposit of silver coin, and is not legal tender, but is receivable for customs, taxes, and all public dues. In the United States the redeemability in silver of silver certificates was discontinued in the 1970's; they are still (1997) accepted as money at the face dollar value, but cannot be redeemed in silver. [Webster 1913 Suppl. +PJC]

The Collaborative International Dictionary of English. 2000.

Look at other dictionaries:

  • Silver Certificate — Silver Certificates were printed for a time in the United States as a form of paper currency. They were produced in response to silver agitation by citizens who were angered by the Fourth Coinage Act, which placed the United States on the gold… …   Wikipedia

  • silver certificate — ☆ silver certificate n. Historical a type of U.S. paper currency redeemable in silver …   English World dictionary

  • silver certificate — noun formerly a bank note issued by the United States Treasury and redeemable in silver • Hypernyms: ↑bill, ↑note, ↑government note, ↑bank bill, ↑banker s bill, ↑bank note, ↑banknote, ↑Federal Reserve note, ↑ …   Useful english dictionary

  • Silver Certificate — Former legal tender (paper currency) issued by the U.S. government beginning in 1878. A certificate represented a stated amount of silver bullion purchased or held by an investor. These certificates were created to allow an investor to purchase… …   Investment dictionary

  • silver certificate — noun Date: 1882 a certificate formerly issued against the deposit of silver coin as legal tender in the United States and its possessions …   New Collegiate Dictionary

  • silver certificate — a former paper currency first issued in 1878 by the U.S. federal government for circulation, equal to and redeemable for silver to a stated value. [1875 80, Amer.] * * * …   Universalium

  • silver certificate — sil′ver certif icate n. num a former U.S. paper currency first issued in 1878, equal to and redeemable for silver to a stated value …   From formal English to slang

  • Silver as an investment — Silver, like other precious metals, may be used as an investment. For more than four thousand years, silver has been regarded as a form of money and store of value. However, since the end of the silver standard, silver has lost its role as legal… …   Wikipedia

  • Silver (disambiguation) — Silver is a chemical element.Silver may also refer to:* Silver (color), a metallic shade resembling gray In economics * Silver as an investment * Silver Certificate, a form of paper currency formerly used in the United States * Silver coin *… …   Wikipedia

  • Silver standard — The silver standard is a monetary system in which the standard economic unit of account is a fixed weight of silver. The silver standard was widespread until the 19th century, when it was replaced in most countries by the gold standard.Ancient… …   Wikipedia

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