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Fractional Coins

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Fractional coins

Metal currency minted in denominations of 50, 25, and 10 cents, and minor coins (5 cents and 1 cent).

Fractional Coins

Coins minted by a government that are denominated as fractions of the basic currency unit. For example, the U.S. dollar is divided into 100 cents. Fractional coins are any coins that represent less than one dollar. Thus, 50-cent pieces, quarters, dimes, nickels, and cents are all fractional coins.

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Financial Dictionary

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