Definition of Shinplaster

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TeachMeFinance.com - explain Shinplaster




historic definition...

Shinplaster -- A colloquial name for the fractional paper currency issued by the government during the Civil War to serve as small change during the suspension of specie payments. The shinplaster was fiat money ; it is out of circulation.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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