GREENBACK
Colloquial term for the US dollar, named after the green color of the US currency bill. However, it was a negative term in the mid-1880s. At that time, the Continental Congress had no taxing authority. Because of that, the greenbacks did not have a secure financial banking and banks were hesitating to give customers the full value of the currency.
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VER
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Condensed Financials
Summary form of a firm’s financial statements, which is done for reprinting and simplified viewing purposes. The document is comprised of a c ...
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