Notices

Dollar

From Traderpedia

Definition:
The standard unit of money in the United States that is equal to one hundred cents and is symbolised by the $ mark.


A denomination in the USA consisting of one hundred cents authorized by the Mint Act of 1792. This is the anglicized spelling of the European Thaler and was used because of the worldwide acceptance of the Thaler and the Spanish Milled dollar (or piece-of-eight).

A unit of weight in gold, as construed in the US Constitution and in the Coinage Act of 1792, equal to 371 and 1/4 grains; equivalent to 24.0566 grams or 0.77344 troy ounces.