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Currency Packaging
Currency packaging includes several forms of packing cash for easy handling and counting. Many systems use standard color-coding or are marked to indicate the amount in the package. Currency straps Currency straps, also known as currency bands or bill straps, are a type of fastener used to secure discrete numbers of bills. Typically, currency bands have attached ends, so that bills are "curled" and slipped into the band, whereas currency straps have adhesive on the ends to secure them around the bills after wrapping. Straps can be applied manually, or automatically by a Currency-counting machine. Currency vacuum packaging Generated bundles are packed together in groups of 10 (1000 banknotes) and vacuumized. A cliche print containing bank and branch details is applied to the plastic package seal. Vacuum packing is the most reliable and effective way of storing currency, which is protected against tarnishing, e.g. from moisture and dirt. Vacuum-packed banknotes also take up les ...
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Federal Reserve Bank Bag
Federal or foederal (archaic) may refer to: Politics General *Federal monarchy, a federation of monarchies *Federation, or ''Federal state'' (federal system), a type of government characterized by both a central (federal) government and states or regional governments that are partially self-governing; a union of states * Federal republic, a federation which is a republic * Federalism, a political philosophy * Federalist, a political belief or member of a political grouping *Federalization, implementation of federalism Particular governments *Federal government of the United States **United States federal law **United States federal courts * Government of Argentina * Government of Australia *Government of Pakistan *Federal government of Brazil *Government of Canada *Government of India *Federal government of Mexico * Federal government of Nigeria * Government of Russia *Government of South Africa *Government of Philippines Other *''The Federalist Papers'', critical early arguments ...
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Cable Tie
A cable tie (also known as a hose tie, zip tie, or tie wrap) is a type of fastener for holding items together, primarily electrical cables and wires. Because of their low cost, ease of use, and binding strength, cable ties are ubiquitous, finding use in a wide range of other applications. Cable ties were first manufactured by Thomas & Betts under the brand name . The common cable tie, normally made of nylon, has a flexible tape section with teeth that engage with a pawl in the head to form a ratchet so that as the free end of the tape section is pulled the cable tie tightens and does not come undone. Some ties include a tab that can be depressed to release the ratchet so that the tie can be loosened or removed, and possibly reused. Stainless steel versions, some coated with a rugged plastic, cater for exterior applications and hazardous environments. Design and use The most common cable tie consists of a flexible nylon tape with an integrated gear rack, and on one end a r ...
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Money Containers
Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts, such as taxes, in a particular country or socio-economic context. The primary functions which distinguish money are as a medium of exchange, a unit of account, a store of value and sometimes, a standard of deferred payment. Money was historically an Emergence#Economics, emergent market phenomenon that possess intrinsic value as a Commodity money, commodity; nearly all contemporary money systems are based on unbacked fiat money without use value. Its value is consequently derived by social convention, having been declared by a government or regulatory entity to be legal tender; that is, it must be accepted as a form of payment within the boundaries of the country, for "all debts, public and private", in the case of the United States dollar. Contexts which erode public confidence, such as the circulation of counterfeit money or domestic hyperinflation, can ...
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Currency
A currency, "in circulation", from la, currens, -entis, literally meaning "running" or "traversing" is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general definition is that a currency is a ''system of money'' in common use within a specific environment over time, especially for people in a nation state. Under this definition, the British Pound Sterling (£), euros (€), Japanese yen (¥), and U.S. dollars (US$)) are examples of (government-issued) fiat currencies. Currencies may act as stores of value and be traded between nations in foreign exchange markets, which determine the relative values of the different currencies. Currencies in this sense are either chosen by users or decreed by governments, and each type has limited boundaries of acceptance - i.e. legal tender laws may require a particular unit of account for payments to government agencies. Other definitions of the term "c ...
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Banking
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in ...
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Euro Starter Kits
Euro starter kits are packs of euro coins of all the eight denominations sealed in a plastic sachet. The kits' purpose is primarily to familiarise citizens of a nation joining the eurozone with their new currency. A further objective is to provide coins for retailers' cash registers well in advance of their respective €-Day. Usually these kits are available from local banks some weeks before euro changeover. Mainly there are two types of starter packs: business starter kits and those for the general public. The difference lies in the number of coins per pack. Business kits are intended for retailers. Therefore, they contain approximately 100 euro or more in coins, usually packed in rolls, whereas mini-starter kits are intended for the general public and usually have a small number of coins. Andorra The Andorran government put in place a system of distribution of the starter kits so that the country's residents would gain priority over non-resident buyers. Austria The Aust ...
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Cash-in-transit
Cash-in-transit (CIT) or cash/valuables-in-transit (CVIT) is the physical transfer of banknotes, coins, credit cards and items of value from one location to another. The locations include cash centers and bank branches, ATM points, large retailers and other premises holding large amounts of cash, such as ticket vending machines and parking meters. Many cash-in-transit companies are private security companies that offer cash handling as part of their services. Loomis is currently the only major CIT business that is fully dedicated to cash handling, following its split from Securitas. Brinks spun off its home security division, likewise placing its focus on cash handling. By law, the CIT companies are seen as logistics companies in the private security industry and therefore have to comply with transport and security legislation. In some countries, the transportation of cash has its own legislation (for example, Europe has varying CIT laws). The CIT industry is regulated by nat ...
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Dye Pack
A dye is a colored substance that chemically bonds to the substrate to which it is being applied. This distinguishes dyes from pigments which do not chemically bind to the material they color. Dye is generally applied in an aqueous solution and may require a mordant to improve the fastness of the dye on the fiber. There are two broad categories of dyes: natural and synthetic; Natural dyes are dyes extracted from plants, Insects, or minerals. The majority of natural dyes are vegetable dyes derived from plant sources such as roots, berries, bark, leaves, and wood, as well as other biological sources like fungi. Synthetic dyes are also referred to as "coal tar dyes" because they are derived from substances that, until recently, could only be extracted from coal tar. A synthetic dye consists of a chromophore and an auxochrome added to a benzene derivative. Both dyes and pigments are colored, because they absorb only some wavelengths of visible light. Dyes are usually soluble ...
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Coin Wrapper
A coin wrapper, sometimes known as a bank roll or roll, is a paper or plastic container for a number of coins. In the 19th century, coins were distributed in large cloth bags and coins were hand wrapped. Since the onset of the 20th century, coin wrapping machines have been in use. The earliest patent for a coin wrapping machine was in 1901. By 1910, automatic coin counting machines which could reject counterfeit coins, wrap coins, and crimp the coin wrapper ends were in use. History In the 19th century coins were collected in cloth bags after they were struck at the mint. Initially coin wrapping was done by hand. In 1913 the Federal Reserve bank was created. After the creation of the Federal Reserve, bags of coins were sent to the individual reserve banks. Each branch then put the coins into paper wrappers with tightly sealed ends. These rolls were called (OBW) "Original Bank-Wrapped Rolls". When other banks wrapped the coins they would print their bank name on the wrapper. Coin w ...
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2010-06-28 James Madison 25USD Coin Roll
1 (one, unit, unity) is a number representing a single or the only entity. 1 is also a numerical digit and represents a single unit of counting or measurement. For example, a line segment of ''unit length'' is a line segment of length 1. In conventions of sign where zero is considered neither positive nor negative, 1 is the first and smallest positive integer. It is also sometimes considered the first of the infinite sequence of natural numbers, followed by  2, although by other definitions 1 is the second natural number, following  0. The fundamental mathematical property of 1 is to be a multiplicative identity, meaning that any number multiplied by 1 equals the same number. Most if not all properties of 1 can be deduced from this. In advanced mathematics, a multiplicative identity is often denoted 1, even if it is not a number. 1 is by convention not considered a prime number; this was not universally accepted until the mid-20th century. Additionally, 1 is ...
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Money Bag
A money bag (or money sack) is a bag normally used to hold and transport coins and banknotes, often closed with a drawstring.Fallen money bag sparks Ohio cash grab
, 25 March 2010 (retrieved 10 January 2012)
When transported between banks and other institutions, money bags are usually moved in an armored car or a money train. It is a type of . The m ...
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Coin Set (AM 658626)
A coin set, or mint set, is a collection of Uncirculated or Proof coins, released by a mint. Such sets are usually released annually and often called a year set. They include sets of all the circulating coins of that year, as well as sets of commemorative coins. The Royal Mint, Royal Australian Mint, Royal Canadian Mint, United States Mint and others mints all release sets of proof and uncirculated coins each year. Sometimes the coins for annual sets are struck in a special way. For example, the Danmarks Nationalbank issues a coin set each year with coins that are "much more clearly embossed than the ordinary coins in circulation." Early coin sets were issued in paper of cardboard folders which often led to toning, due to the sulphur content of the card. See also Coins distributed as sets, organized by countries* United States Mint coin sets The United States Mint has released annual collections of coins most years since 1936. United States Mint 50 State Quarters Proof Set ...
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