fold•ing mon•ey
We found 2 definitions of folding money from 2 different sources.
Noun |
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folding money - currency issued by a government or central bank and consisting of printed paper that can circulate as a substitute for specie | ||
paper money, paper currency | ||
currency general acceptance or use; "the currency of ideas" | ||
fractional currency paper currency in denominations less than the basic monetary unit | ||
fiat money money that the government declares to be legal tender although it cannot be converted into standard specie |