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United Republic dollar: Difference between revisions
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| date_of_introduction = 1 May 1690 | | date_of_introduction = 1 May 1690 | ||
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== Overview == | == Overview == | ||
Under Article One, Section Eight of the [[United Republic Constitution|U.R. Constitution]], Parliament has the power "to coin money,", and has over the centuries implemented laws in regards to this power, as currently codified in Title 30 of the U.R. Code, under Section 5115, which prescribes the forms in which the United Republic dollars should be issued. These coins are both designated in the section as "legal tender" in payment of debts. Section 5115 also provides for the minting and issuance of other coins, which have values ranging from one cent to 100 dollars. | |||
In addition, Article One, Section Nine of the Constitution provides that "a regular Statement and Account of the Receipts and Expenditures of all public Money shall be published from time to time", which is further specified by Section 334 of Title 30 of the U.R. Code. The sums of money reported in the "Statements" are currently expressed in U.R. dollars, thus the U.R. dollar may be described as the unit of account of the United Republic. | |||
===Nicknames=== | ===Nicknames=== | ||
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Nicknames specific to denomination: | Nicknames specific to denomination: | ||
* The quarter dollar coin is known as '''two bits''', alluding the dollar's origins as the "piece of eight". | * The quarter dollar coin is known as '''two bits''', alluding the dollar's origins as the "piece of eight". | ||
* The $1 bill is nicknamed '''buck''', '''single''', or '''Founder'''. | * The $1 bill is nicknamed '''buck''', '''single''', or '''Founder''', after King [[Alstanus Ryefield]]. | ||
* The infrequently-used $2 bill is sometimes called '''deuce,''' '''Doug''', or '''Corvin''', after King [[Douglas Corvinus]]. | * The infrequently-used $2 bill is sometimes called '''deuce,''' '''Doug''', or '''Corvin''', after King [[Douglas Corvinus]]. | ||
* The $5 bill is sometimes called fiver, '''Mark''', or '''Alanson''', after President [[Marcus Alanson]]. | * The $5 bill is sometimes called '''fiver''', '''Mark''', or '''Alanson''', after President [[Marcus Alanson]]. | ||
* The $10 bill is sometimes called '''sawbuck,''' '''raven''', or '''Atwood''', after President [[James Atwood]]. | * The $10 bill is sometimes called '''sawbuck,''' '''raven''', or '''Atwood''', after President [[James Atwood]]. | ||
* The $20 bill is sometimes called '''double sawbuck''', '''Sam''' (after President [[Samuel Clement]]), or double raven. | * The $20 bill is sometimes called '''double sawbuck''', '''Sam''' (after President [[Samuel Clement]]), or double raven. | ||
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[[Category:Currency]] | [[Category:Currency]] | ||
[[Category:IXWB]] | [[Category:IXWB]] | ||
[[Category: | {{Template:Award winning article}} | ||
[[Category:2023 Award winning pages]] | |||
[[Category:IXWB]] | |||