|
Take A Penny, Leave A Penny
"Take a penny, leave a penny" (sometimes "Give a penny, take a penny", penny tray, or penny pool) refers to a tray used for convenience in cash transactions. They are found in the United States and Ireland, in gas stations and convenience stores, and were once common in Canada before 2013 when the penny (Canadian coin), penny was taken out of circulation. Usage A small tray near a cash register is designated as a place for customers to discard unwanted Penny (United States coin), pennies received as change. For customers who want to avoid breaking a higher-denomination coin or bill, they can take a penny or two from the tray left by others. The tray can also be used by cashiers. For example, the cashier might take a penny from the tray to then give the customer one quarter instead of six coins totaling 24 cents (two dimes and four pennies). These are also called "penny pools". See also *Cash rounding *Honesty box *Penny debate in the United States References Personal fi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gas Stations
A filling station (also known as a gas station [] or petrol station []) is a facility that sells fuel and engine lubricants for motor vehicles. The most common fuels sold are gasoline (or petrol) and diesel fuel. Fuel dispensers are used to pump gasoline, diesel, compressed natural gas, compressed hydrogen, hydrogen compressed natural gas, liquefied petroleum gas, liquid hydrogen, kerosene, alcohol fuels (like methanol, ethanol, butanol, and propanol), biofuels (like straight vegetable oil and biodiesel), or other types of fuel into the tanks within vehicles and calculate the financial cost of the fuel transferred to the vehicle. Besides gasoline pumps, one other significant device which is also found in filling stations and can refuel certain (compressed-air) vehicles is an air compressor, although generally these are just used to inflate car tires. Many filling stations provide convenience stores, which may sell convenience food, beverages, tobacco products, lotte ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Convenience Stores
A convenience store, convenience shop, bakkal, bodega, corner store, corner shop, superette or mini-mart is a small retail store that stocks a range of everyday items such as convenience food, groceries, beverages, tobacco products, lottery tickets, over-the-counter drugs, toiletries, newspapers and magazines. In some jurisdictions, convenience stores (such as off-licences in the UK) are licensed to sell alcoholic drinks, although many other jurisdictions limit such beverages to those with relatively low alcohol content, like beer and wine. The stores may also offer money order and wire transfer services, along with the use of a fax, fax machine or photocopier for a small per-copy cost. Some also sell tickets or recharge smart cards, e.g. Opus cards in Montreal, Canada, or include a small Delicatessen, deli. They differ from general stores and village shops in that they are not in a rural area, rural location and are used as a convenient (hence their common name) supplement to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Penny (Canadian Coin)
In Canada, a penny (minted 1858–2012) is an out-of-production and out-of-circulation coin worth one cent, or of a dollar. The Royal Canadian Mint refers to the coin as the "1-cent coin", but in practice the terms ''penny'' and cent predominate. First minted in 1858, the cent was primarily issued as a bronze or with bronze-plated coin throughout its production. Like all Canadian coins, the obverse depicts the reigning Canadian monarch at the time of issue. Attempts to abolish the penny began in the late 20th century but were initially met with resistance as they were considered a necessity to pay provincial sales taxes. Money had been lost in penny production since at least the mid-1980s and surveys indicated the coin was falling out of use. Attitudes against the penny grew in the late 2000s decade and, in 2010, the Standing Senate Committee on National Finance recommended the penny be removed from circulation. Production of the penny ceased in May 2012, and the Royal Ca ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Penny (United States Coin)
The penny, officially known as the cent, is a coin in the United States representing one-hundredth of a dollar. It has been the lowest face-value physical unit of U.S. currency since the abolition of the half-cent in 1857 (the abstract mill, which has never been minted, equal to a tenth of a cent, continues to see limited use in the fields of taxation and finance). The U.S. Mint's official name for the coin is " cent" and the U.S. Treasury's official name is "one cent piece". The colloquial term ''penny'' derives from the British coin of the same name, which occupies a similar place in the British system. ''Pennies'' is the plural form (not to be confused with ''pence'', which refers to the unit of currency). The first U.S. cent was produced in 1787, and the cent has been issued primarily as a copper or copper-plated coin throughout its history. In 1792, Congress established the US Mint, which began producing coins. In the same year, the Coinage Act of 1792 mand ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cash Rounding
Cash rounding or Swedish rounding (New Zealand English) occurs when the minimum unit of account is smaller than the lowest physical denomination of currency. The amount payable for a cash transaction is rounded to the nearest multiple of the minimum currency unit available, whereas transactions paid in other ways are not rounded (for example electronic funds transfer such as with payment cards, or negotiable instruments such as cheques). Cash rounding typically occurs when low-denomination coins are removed from circulation owing to inflation. Cash rounding may be a compulsory legal requirement if such coins are no longer legal tender, or a voluntary practice where they remain in circulation but are scarce or impractical. Cash rounding () was introduced in Sweden in 1972 when 1 and 2 öre coins were withdrawn from circulation, and has continued to be applied at incremental levels as smaller denomination coins have been withdrawn. The current level of cash rounding in Sweden is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Honesty Box
An honesty box, also known as an honour box, is a method of charging for a service such as admission or car parking, or for a product such as home-grown produce and flowers, which relies upon each visitor paying at a box using the honor system. Tickets are not issued and such sites are usually unattended. When used in camping sites and other park settings, they are sometimes referred to as an iron ranger as there is often an iron cash box instead of an actual park ranger. Some stores also use them for selling newspapers to avoid lines at a cash register. Such boxes are typically used in rural areas where the low number of customers and other visitors, along with the low quantity or value of the products on offer, means that an attendant would not bring a positive return on investment. Many are also domestically run operations where attendance is not feasible. The Cake Fridge, an honesty box cake fridge in Bixter, Shetland, Scotland, features in the TV adaptation of Anne Cleev ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Penny Debate In The United States
A debate has existed within the United States government and American society at large over whether the one-cent coin, the penny, should be eliminated as a unit of currency in the United States. The penny costs more to produce than the one cent it is worth, meaning the seigniorage is negativethe government loses money on every penny that is created. Several bills introduced in the U.S. Congress would have ceased production of and/or eliminated the penny, but none have been approved. Such bills would leave the five-cent coin, or nickel, as the lowest-value coin minted in the United States. Other countries have also withdrawn coins no longer worth producing, such as Canada withdrawing the Canadian penny from circulation in 2013. The most recent time that the United States withdrew the lowest-value coin from circulation was with the half-cent coin (hay-penny), which was withdrawn in 1857, at which time the coin was worth approximately cents in dollars. In 2025, the U.S. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Personal Finance
Personal finance is the financial management that an individual or a family unit performs to budget, save, and spend monetary resources in a controlled manner, taking into account various financial risks and future life events. When planning personal finances, the individual would take into account the suitability of various banking products ( checking accounts, savings accounts, credit cards, and loans), insurance products ( health insurance, disability insurance, life insurance, etc.), and investment products ( bonds, stocks, real estate, etc.), as well as participation in monitoring and management of credit scores, income taxes, retirement funds and pensions. History Before a specialty in personal finance was developed, various closely related disciplines, such as family economics and consumer economics, were taught in various colleges as part of home economics for over 100 years. In 1920, Hazel Kyrk's dissertation at the University of Chicago was inst ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pennies
A penny is a coin (: pennies) or a unit of currency (: pence) in various countries. Borrowed from the Carolingian denarius (hence its former abbreviation d.), it is usually the smallest denomination within a currency system. At present, it is the formal name of the British penny ( p) and the '' de facto'' name of the American one-cent coin (abbr. ¢). ''Penny'' is also the informal name of the cent unit of account in Canada, although the production of one-cent coins was ended in 2012. The name ''penny'' is also used in reference to various historical currencies, also derived from the Carolingian system, such as the French denier and the German pfennig. It may also be informally used to refer to any similar smallest-denomination coin, such as the euro cent or Chinese fen. The Carolingian penny was originally a 0.940-fine silver coin, weighing pound. It was adopted by Offa of Mercia and other English kings and remained the principal currency in Europe over ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
