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Federal Reserve notes |
Also found in: Dictionary/thesaurus, Acronyms, Encyclopedia, Wikipedia, Hutchinson | 0.04 sec. |
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Federal Reserve notes Issues by the US government to the public through the Federal Reserve Banks and their member banks. They represent money owed by the government to the public. Currently, the item "Federal Reserve notes amounts outstanding" consists of new series issues. The Federal Reserve note is the only class of currency currently issued. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Eventually Americans became saddled with Federal Reserve Notes -- "Fiat Money" untethered from gold, backed only by government force. In keeping with their strategy of maintaining the security of Federal Reserve notes by enhancing the design of U. The basic design of the Series-1929 Federal Reserve note required very few security features. |
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