Sovznaks ( rus, совзнаки, p=sɐˈvznakʲɪ) were

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 ...

s issued in

Soviet Russia The Russian Soviet Federative Socialist Republic, Russian SFSR or RSFSR ( rus, Российская Советская Федеративная Социалистическая Республика, Rossíyskaya Sovétskaya Federatívnaya Soci ...

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 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 ...

of the time. The term "token" was an

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 ...

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.

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Economy of Russia Economy of the Soviet Union Modern obsolete currencies Currencies of Russia {{soviet-stub

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