Definition of denomination


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TeachMeFinance.com - explain denomination



denomination -- the value of a particular size or type of coin, paper currency, stamp, or security.

historic definition...

Denomination. A designation for an amount in money, or value, as a bill (piece of paper money) of the denomination of $100 or a bond of the denomination of $1,000 or a share of stock of the denomination of $100 or a Bank of England note of the denomination of 25 pounds.


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