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Sovznak
Sovznaks ( rus, совзнаки, p=sɐˈvznakʲɪ) were promissory notes issued in Soviet Russia in 1919 and used during 1919–1924. The name is an abbreviation of the expression "Sovetskiye znaki" (Советские знаки, Soviet tokens), which in its turn was an abbreviation of the official terms (советские казначейские знаки, расчётные знаки РСФСР, денежные знаки РСФСР (СССР) ) used during different periods. They were the ''de facto'' money of the time. The term "token" was an euphemism for "money", since communism Communism (from Latin la, communis, lit=common, universal, label=none) is a far-left sociopolitical, philosophical, and economic ideology and current within the socialist movement whose goal is the establishment of a communist society, a s ... was supposed to abolish money, and sovznaks were considered to be a temporary, transitional instrument. See also * Chervonets#Soviet Union Ref ...
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Chervonets
Chervonets is the traditional Russian name for large foreign, and domestic gold coins. The name comes from the Russian term ''"червонное золото"'' ("chervonnoye zoloto"), meaning “red gold" (also known as rose gold) – the old name of a high-grade gold type. Originally, this gold coin was identical to the gold ducat of 3.5 grams, 98.6% fine gold. The first known chervonets of Russian coinage was the Ugric gold; it was created in the 15th century under Ivan III. Sometimes, chervonets were considered any large gold coin, including imperial and semi-imperial coins. Since the beginning of the 20th century, banknotes were often referred to as chervonets with the value of ten units (for example, rubles, hryvnia, euro, etc.). This is due to the initiation of the Russian Soviet Federative Socialist Republic during the monetary reform of 1922–1924 banknotes, or chervonets. They were provided with the same amount of gold was contained in a coin of 10 rubles dur ...
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Promissory Note
A promissory note, sometimes referred to as a note payable, is a legal instrument (more particularly, a financing instrument and a debt instrument), in which one party (the ''maker'' or ''issuer'') promises in writing to pay a determinate sum of money to the other (the ''payee''), either at a fixed or determinable future time or on demand of the payee, under specific terms and conditions. Overview The terms of a note usually include the principal amount, the interest rate if any, the parties, the date, the terms of repayment (which could include interest) and the maturity date. Sometimes, provisions are included concerning the payee's rights in the event of a default, which may include foreclosure of the maker's assets. In foreclosures and contract breaches, promissory notes under CPLR 5001 allow creditors to recover prejudgement interest from the date interest is due until liability is established. For loans between individuals, writing and signing a promissory note are often ...
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Russian Soviet Federative Socialist Republic
The Russian Soviet Federative Socialist Republic, Russian SFSR or RSFSR ( rus, Российская Советская Федеративная Социалистическая Республика, Rossíyskaya Sovétskaya Federatívnaya Socialistíčeskaya Respúblika, rɐˈsʲijskəjə sɐˈvʲetskəjə fʲɪdʲɪrɐˈtʲivnəjə sətsɨəlʲɪˈsʲtʲitɕɪskəjə rʲɪˈspublʲɪkə, Ru-Российская Советская Федеративная Социалистическая Республика.ogg), previously known as the Russian Soviet Republic and the Russian Socialist Federative Soviet Republic as well as being unofficially known as Soviet Russia,Declaration of Rights of the laboring and exploited people, article I. the Russian Federation or simply Russia, was an Independence, independent Federalism, federal socialist state from 1917 to 1922, and afterwards the largest and most populous of the Republics of the Soviet Union, Soviet socialist republics of the So ...
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Money
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 emergent market phenomenon that possess intrinsic value as a 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 cause good money to lose its value. ...
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Euphemism
A euphemism () is an innocuous word or expression used in place of one that is deemed offensive or suggests something unpleasant. Some euphemisms are intended to amuse, while others use bland, inoffensive terms for concepts that the user wishes to downplay. Euphemisms may be used to mask profanity or refer to topics some consider taboo such as disability, sex, excretion, or death in a polite way. Etymology ''Euphemism'' comes from the Greek word () which refers to the use of 'words of good omen'; it is a compound of (), meaning 'good, well', and (), meaning 'prophetic speech; rumour, talk'. '' Eupheme'' is a reference to the female Greek spirit of words of praise and positivity, etc. The term ''euphemism'' itself was used as a euphemism by the ancient Greeks; with the meaning "to keep a holy silence" (speaking well by not speaking at all). Purpose Avoidance Reasons for using euphemisms vary by context and intent. Commonly, euphemisms are used to avoid directly addressing sub ...
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Communism
Communism (from Latin la, communis, lit=common, universal, label=none) is a far-left sociopolitical, philosophical, and economic ideology and current within the socialist movement whose goal is the establishment of a communist society, a socioeconomic order centered around common ownership of the means of production, distribution, and exchange which allocates products to everyone in the society.: "One widespread distinction was that socialism socialised production only while communism socialised production and consumption." Communist society also involves the absence of private property, social classes, money, and the state. Communists often seek a voluntary state of self-governance, but disagree on the means to this end. This reflects a distinction between a more libertarian approach of communization, revolutionary spontaneity, and workers' self-management, and a more vanguardist or communist party-driven approach through the development of a constitutional socialist st ...
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Economy Of Russia
The economy of Russia has gradually transformed from a planned economy into a mixed market-oriented economy. —Rosefielde, Steven, and Natalia Vennikova. “Fiscal Federalism in Russia: A Critique of the OECD Proposals.” Cambridge Journal of Economics, vol. 28, no. 2, Oxford University Press, 2004, pp. 307–18, . —Robinson, Neil. “August 1998 and the Development of Russia’s Post-Communist Political Economy.” Review of International Political Economy, vol. 16, no. 3, Taylor & Francis, Ltd., 2009, pp. 433–55, . —Charap, Samuel. “No Obituaries Yet for Capitalism in Russia.” Current History, vol. 108, no. 720, University of California Press, 2009, pp. 333–38, . —Rutland, Peter. “Neoliberalism and the Russian Transition.” Review of International Political Economy, vol. 20, no. 2, Taylor & Francis, Ltd., 2013, pp. 332–62, . —Kovalev, Alexandre, and Alexandre Sokalev. “Russia: Towards a Market Economy.” New Zealand International Review, vol. 1 ...
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Economy Of The Soviet Union
The economy of the Soviet Union was based on state ownership of the means of production, collective farming, and industrial manufacturing. An administrative-command system managed a distinctive form of central planning. The Soviet economy was characterized by state control of investment, a dependence on natural resources, shortages of many consumer goods, little foreign trade, public ownership of industrial assets, macroeconomic stability, negligible unemployment and high job security. Beginning in 1930, the course of the economy of the Soviet Union was guided by a series of five-year plans. By the 1950s, the Soviet Union had rapidly evolved from a mainly agrarian society into a major industrial power. Its transformative capacity meant communism consistently appealed to the intellectuals of developing countries in Asia. Impressive growth rates during the first three five-year plans (1928–1940) are particularly notable given that this period is nearly congruent with the Gr ...
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Modern Obsolete Currencies
Modern may refer to: History * Modern history ** Early Modern period ** Late Modern period *** 18th century *** 19th century *** 20th century ** Contemporary history * Moderns, a faction of Freemasonry that existed in the 18th century Philosophy and sociology * Modernity, a loosely defined concept delineating a number of societal, economic and ideological features that contrast with "pre-modern" times or societies ** Late modernity Art * Modernism ** Modernist poetry * Modern art, a form of art * Modern dance, a dance form developed in the early 20th century * Modern architecture, a broad movement and period in architectural history * Modern music (other) Geography *Modra, a Slovak city, referred to in the German language as "Modern" Typography * Modern (typeface), a raster font packaged with Windows XP * Another name for the typeface classification known as Didone (typography) * Modern, a generic font family name for fixed-pitch serif and sans serif fonts (f ...
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