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Penny (British Decimal Coin)
The British decimal one penny (1p) coin is a unit of currency and denomination of sterling coinage worth one-hundredth of one pound. Its obverse has featured the profile of Queen Elizabeth II since the coin's introduction on 15 February 1971, the day British currency was decimalised. Four different portraits of the Queen have been used on the obverse; the latest design by Jody Clark was introduced in 2015. The second and current reverse, designed by Matthew Dent, features a segment of the Royal Shield and was introduced in 2008. The penny is the lowest value coin (in real terms) ever to circulate in the United Kingdom. The penny was originally minted from bronze, but since 1992 has been minted in copper-plated steel due to increasing copper prices. There are an estimated 10.5 billion 1p coins in circulation as of 2016, with a total face value of around £105,000,000. 1p coins are legal tender only for amounts up to the sum of 20p when offered in repayment of a debt; howe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bronze
Bronze is an alloy consisting primarily of copper, commonly with about 12–12.5% tin and often with the addition of other metals (including aluminium, manganese, nickel, or zinc) and sometimes non-metals, such as phosphorus, or metalloids such as arsenic or silicon. These additions produce a range of alloys that may be harder than copper alone, or have other useful properties, such as strength, ductility, or machinability. The archaeological period in which bronze was the hardest metal in widespread use is known as the Bronze Age. The beginning of the Bronze Age in western Eurasia and India is conventionally dated to the mid-4th millennium BCE (~3500 BCE), and to the early 2nd millennium BCE in China; elsewhere it gradually spread across regions. The Bronze Age was followed by the Iron Age starting from about 1300 BCE and reaching most of Eurasia by about 500 BCE, although bronze continued to be much more widely used than it is in modern times. Because historical artworks w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Decimal Day
Decimal Day in the United Kingdom and in Ireland was Monday 15 February 1971, the day on which each country decimalised its respective £sd currency of pounds, shillings, and pence. Before this date, the British pound sterling (symbol "£") was subdivided into 20 shillings, each of 12 (old) pence, a total of 240 pence. With decimalisation, the pound kept its old value and name, but the shilling was abolished, and the penny was revalued, such that the pound was subdivided into 100 of what were originally called "new pence" ("NP"), and later just pence ("p") when confusion was no longer likely. Each new penny was worth 2.4 old pence (abbreviated "d"). A coin of half a new penny was introduced to maintain the granularity of the old penny, but was dropped in 1984 as inflation reduced its value. An old value of 7 pounds, 10 shillings, and sixpence, typically abbreviated £7/10/6 or became Amounts with a number of old pence which was not 0 or 6 did not convert into a round numbe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Llantrisant
Llantrisant (; " Parish of the Three Saints") is a town in the county borough of Rhondda Cynon Taf, within the historic county boundaries of Glamorgan, Wales, lying on the River Ely and the Afon Clun. The three saints of the town's name are SS. Illtyd, Gwynno, and Dyfodwg. Llantrisant is a hilltop settlement, at an altitude of 174 m (565 ft) above sea level. The town is home to the Royal Mint. History There is evidence for settlements in and around Llantrisant stretching back over three millennia. Two Bronze Age burial mounds are on Mynydd Garthmaelwg, the opposite side of the Ely Valley. A tall, by wide, possibly Bronze Age, standing stone, was discovered in Miskin during excavations prior to the M4 motorway construction. An Iron Age hillfort stands on Rhiwsaeson Hill. The enclosure, now known as Caerau Hillfort, measures by . A settlement has existed on this site from at least the beginning of the 6th century, when the poet Aneurin wrote of 'the white h ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Proclamation
A proclamation (Lat. ''proclamare'', to make public by announcement) is an official declaration issued by a person of authority to make certain announcements known. Proclamations are currently used within the governing framework of some nations and are usually issued in the name of the head of state. A proclamation is (usually) a non-binding notice. A general distinction is made between official proclamations from states or state organs with a binding character and proclamations from political-social groups or organizations, both of which try to win over the mood of those addressed. In addition, the procedure of proclaiming the beginning of a rule over a certain ruling territory is called a proclamation. For example, on July 26, 1581, the Proclamation of Dutch Independence was signed which led to the creation of the Dutch Republic in 1588, formally recognized in 1648 by the Peace of Münster. The announcement of the intention to marry two people, the bidding, was referred to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Currency Act 1983
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$)) are examples of (government-issued) fiat currencies. Currencies may act as stores of value and be traded between nations in foreign exchange markets, which determine the relative values of the different currencies. Currencies in this sense are either chosen by users or decreed by governments, and each type has limited boundaries of acceptance - i.e. legal tender laws may require a particular unit of account for payments to government agencies. Other definitions of the term "currency ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Currency Act 1971
A currency, "in circulation", from la, currens, -entis, literally meaning "running" or "traversing" is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general definition is that a currency is a ''system of money'' in common use within a specific environment over time, especially for people in a nation state. Under this definition, the British Pound Sterling (£), euros (€), Japanese yen (¥), and U.S. dollars (US$)) 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 "curre ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Decimal Currency Act 1969
The decimal numeral system (also called the base-ten positional numeral system and denary or decanary) is the standard system for denoting integer and non-integer numbers. It is the extension to non-integer numbers of the Hindu–Arabic numeral system. The way of denoting numbers in the decimal system is often referred to as ''decimal notation''. A ''decimal numeral'' (also often just ''decimal'' or, less correctly, ''decimal number''), refers generally to the notation of a number in the decimal numeral system. Decimals may sometimes be identified by a decimal separator (usually "." or "," as in or ). ''Decimal'' may also refer specifically to the digits after the decimal separator, such as in " is the approximation of to ''two decimals''". Zero-digits after a decimal separator serve the purpose of signifying the precision of a value. The numbers that may be represented in the decimal system are the decimal fractions. That is, fractions of the form , where is an integer, and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
James Callaghan
Leonard James Callaghan, Baron Callaghan of Cardiff, ( ; 27 March 191226 March 2005), commonly known as Jim Callaghan, was Prime Minister of the United Kingdom from 1976 to 1979 and Leader of the Labour Party from 1976 to 1980. Callaghan is the only person to have held all four Great Offices of State, having served as Chancellor of the Exchequer from 1964 to 1967, Home Secretary from 1967 to 1970 and Foreign Secretary from 1974 to 1976. He was a Member of Parliament (MP) from 1945 to 1987. Born into a working-class family in Portsmouth, Callaghan left school early and began his career as a tax inspector, before becoming a trade union official in the 1930s; he served as a lieutenant in the Royal Navy during the Second World War. He was elected to Parliament at the 1945 election, and was regarded as being on the left wing of the Labour Party. He was appointed to the Attlee government as a parliamentary secretary in 1947, and began to move increasingly towards the right wi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
£sd
£sd (occasionally written Lsd, spoken as "pounds, shillings and pence" or pronounced ) is the popular name for the pre-decimal currencies once common throughout Europe, especially in the British Isles and hence in several countries of the British Empire and subsequently the Commonwealth. The abbreviation originates from the Latin currency denominations '' librae'', ''solidi'', and ''denarii''. In the United Kingdom, these were referred to as '' pounds'', '' shillings'', and '' pence'' (''pence'' being the plural of ''penny''). Although the names originated from popular coins in the classical Roman Empire, their definitions and the ratios between them were introduced and imposed across Western Europe by the Emperor Charlemagne. The £sd system was the standard across much of the European continent (France, Italy, Germany, etc.) for nearly a thousand years, until the decimalisations of the 18th and 19th centuries. As the United Kingdom remained one of the few countries re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Proto-Germanic Language
Proto-Germanic (abbreviated PGmc; also called Common Germanic) is the reconstructed proto-language of the Germanic branch of the Indo-European languages. Proto-Germanic eventually developed from pre-Proto-Germanic into three Germanic branches during the fifth century BC to fifth century AD: West Germanic, East Germanic and North Germanic, which however remained in contact over a considerable time, especially the Ingvaeonic languages (including English), which arose from West Germanic dialects and remained in continued contact with North Germanic. A defining feature of Proto-Germanic is the completion of the process described by Grimm's law, a set of sound changes that occurred between its status as a dialect of Proto-Indo-European and its gradual divergence into a separate language. As it is probable that the development of this sound shift spanned a considerable time (several centuries), Proto-Germanic cannot adequately be reconstructed as a simple node in a tree mo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Old English
Old English (, ), or Anglo-Saxon, is the earliest recorded form of the English language, spoken in England and southern and eastern Scotland in the early Middle Ages. It was brought to Great Britain by Anglo-Saxon settlers in the mid-5th century, and the first Old English literary works date from the mid-7th century. After the Norman conquest of 1066, English was replaced, for a time, by Anglo-Norman (a relative of French) as the language of the upper classes. This is regarded as marking the end of the Old English era, since during this period the English language was heavily influenced by Anglo-Norman, developing into a phase known now as Middle English in England and Early Scots in Scotland. Old English developed from a set of Anglo-Frisian or Ingvaeonic dialects originally spoken by Germanic tribes traditionally known as the Angles, Saxons and Jutes. As the Germanic settlers became dominant in England, their language replaced the languages of Roman Britain: Com ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Legal Tender
Legal tender is a form of money that courts of law are required to recognize as satisfactory payment for any monetary debt. Each jurisdiction determines what is legal tender, but essentially it is anything which when offered ("tendered") in payment of a debt extinguishes the debt. There is no obligation on the creditor to accept the tendered payment, but the act of tendering the payment in legal tender discharges the debt. Some jurisdictions allow contract law to overrule the status of legal tender, allowing (for example) merchants to specify that they will not accept cash payments. Coins and banknotes are usually defined as legal tender in many countries, but personal cheques, credit cards, and similar non-cash methods of payment are usually not. Some jurisdictions may include a specific foreign currency as legal tender, at times as its exclusive legal tender or concurrently with its domestic currency. Some jurisdictions may forbid or restrict payment made by other than ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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