greenback
the U.S. dollar
TRANSLATION
greenback = der U.S. Dollar --- GOOGLE INDEX greenback: approximately 3,200,000 Google hits
STATISTICS
IN THE PRESS
The US government's $837 billion stimulus package has given a positive boost to the GREENBACK, which has continued to strengthen against the rupiah.
(The Jakarta Post)
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In addition when the GREENBACK falls in value it makes commodities relatively cheaper to buy.
(BBC News)
(The Jakarta Post)
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In addition when the GREENBACK falls in value it makes commodities relatively cheaper to buy.
(BBC News)
Did you
know?
greenback
slang
- a note of U.S. currency (the dollar)
(The American Heritage® Dictionary of the English Language, Fourth Edition. 2000)
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WORD ORIGIN
In 1862, in the midst of the American Civil War, the United States Congress decided to print the first noninterest-bearing paper currency, which became known as "legal tenders" and then later as "greenbacks." The latter term simply derives from the colour of the back of the U.S. note.
Unlike currencies of other countries, which tend to have different colours for different denominations, dollar notes are all the same colour. What differentiates them at first glance is the denomination ($1, $2, $5, $10, $20, $50, and $100) and the face of a past U.S. president (Washington, Jefferson, Lincoln, Hamilton, Jackson, Grant), except for the $100 note which features inventor and statesman Benjamin Franklin.
Today the U.S. dollar is a so-called "fiat" currency, meaning it is simply printed and issued by decree of the government and cannot be redeemed for gold and silver. It is issued by 12 Federal Reserve Banks across the country. The term dollar derives from the German "Thaler/Taler" meaning a silver coin.
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SYNONYMS
bank note, bill, buck, certificate, clam, currency, dollar, legal tender, long green, note, skin
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SMUGGLE OWAD INTO TODAY'S CONVERSATION:
"When the value of the greenback is low, shopping in the U.S. is a real bargain."
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Thanks to Iris for suggesting today's word!
slang
- a note of U.S. currency (the dollar)
(The American Heritage® Dictionary of the English Language, Fourth Edition. 2000)
---
WORD ORIGIN
In 1862, in the midst of the American Civil War, the United States Congress decided to print the first noninterest-bearing paper currency, which became known as "legal tenders" and then later as "greenbacks." The latter term simply derives from the colour of the back of the U.S. note.
Unlike currencies of other countries, which tend to have different colours for different denominations, dollar notes are all the same colour. What differentiates them at first glance is the denomination ($1, $2, $5, $10, $20, $50, and $100) and the face of a past U.S. president (Washington, Jefferson, Lincoln, Hamilton, Jackson, Grant), except for the $100 note which features inventor and statesman Benjamin Franklin.
Today the U.S. dollar is a so-called "fiat" currency, meaning it is simply printed and issued by decree of the government and cannot be redeemed for gold and silver. It is issued by 12 Federal Reserve Banks across the country. The term dollar derives from the German "Thaler/Taler" meaning a silver coin.
---
SYNONYMS
bank note, bill, buck, certificate, clam, currency, dollar, legal tender, long green, note, skin
---
SMUGGLE OWAD INTO TODAY'S CONVERSATION:
"When the value of the greenback is low, shopping in the U.S. is a real bargain."
---
Thanks to Iris for suggesting today's word!
