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Encyclopedia > Company scrip

Numismatics
Numismatic terminology
Currency

Circulating currencies
Community currencies Image File history File links Photo of various coins, http://www. ... Odessa Numismatics Museum is the first Ukrainian historical museum of new type whose tasks became studying the history of coinage and money circulation of the Ukrainian state and also preservation and demonstration the major historical relics belonging to ancient history and culture of the Northern Black Sea Region and Rus... This article is an attempt to combine and condense Numismatic and coin collecting terms into concise, informative explainations for the beginner or professional. ... This article is about monetary coins. ... A £20 Ulster Bank banknote. ... This list of circulating currencies contains the 175 current official or de facto currencies of the 192 UN member states, one UN observer state (the Vatican City), three partially recognized sovereign states (the Republic of China, Palestine, and Western Sahara), two unrecognized countries (Somaliland and Transnistria), and 26 dependencies. ... Wikipedia does not yet have an article with this exact name. ...

Company scrip, LETS,
Time dollars

Fictional currencies Local Exchange Trading Systems (LETS) are local, non-profit exchange networks in which all kinds of goods and services can be traded without the need for money. ... The Ithaca Hour is an example of time-based currency. ... Wikipedia does not yet have an article with this exact name. ...

Ancient currencies

Medieval currencies
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Production
Exonumia

Notaphily A mint is a facility which manufactures coins for currency. ... Coining is a form of precision stamping. ... The term milled coinage is used to describe coins which are produced by some form of machine, rather than by manually hammering coin blanks between two dies (hammered coinage) or casting coins from dies. ... Hammered coinage describes the commonest form of coins produced since the invention of coins in the first millennium BC until the early modern period of ca. ... Exonumia is the study of coin-like objects such as token coins and medals, and other items used in place of legal currency or for commemoration. ... Credit cards A credit card system is a type of retail transaction settlement and credit system, named after the small plastic card issued to users of the system. ... A Medal can mean three things: a wearable medal awarded by a government for services to a country (such as Armed force service); strictly speaking this only refers to a medal of coin-like appearance, but informally the word also refers to an Order (decoration); a table medal awarded by... A rare and historic Bechuanaland Border Police canteen token. ... Notaphily is the study of paper money or banknotes. ...

Scripophily A £20 Ulster Bank banknote. ... Scripophily is the study and collection of stocks and Bonds. ...

Company scrip is currency issued in certain industries to pay workers. Such scrip can only be exchanged by wage-earners in company stores owned by their employers and often charging inflated prices. In the UK, such systems have been formally outlawed under Truck Acts. For other uses, see Stock (disambiguation). ... Within finance, a bond is a debt security, in which the issuer owes the holders a debt and is obliged to repay the principal and interest (the coupon). ... In classical economics and all micro-economics labour is one of three factors of production, the others being land and capital. ... Scrip is any substitute for currency which is not legal tender. ... A wage is the amount of money paid for some specified quantity of labour. ... A truck system is an exploitative form of employment — or, more specifically, unfree labour — under which workers are: paid in a form of limited direct credit or tokens, which may only be used at a company store, owned by their employers, or; paid in unexchangeable goods and/or services. ...

Scrip minted by Oglala Coal Company, Coalwood, WV
Enlarge
Scrip minted by Oglala Coal Company, Coalwood, WV

In the United States, mining and logging camps were typically created, owned and operated by a single company. These remote locations were cash poor and workers had very little choice but to purchase goods at a company store. With this economic monopoly, the employer could place enormous markups on goods, making workers completely dependent on the company, thus enforcing employee "loyalty". Coalwood is a coal-mining town in West Virginia. ... Chuquicamata, the largest open pit copper mine in the world, Chile. ... Loggers on break, c. ... Camps are often set up for workers involved in logging, fishing, mining or other activities of natural resources extraction, if these activities take place far from civilization. ... In economics, a monopoly (from the Latin word monopolium - Greek language monos, one + polein, to sell) is defined as a persistent market situation where there is only one provider of a product or service. ... This article or section needs to be wikified. ... Loyalty is faithfulness or devotion to a person or cause. ...


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