Dead Presidents

Posted in Finance, Accounting and Economics Terms, Total Reads: 484
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Definition: Dead Presidents

‘Dead Presidents’ is a slang term used for the bills of U.S. currency.


The term is coined due to the pictures, on the currency bills, of past president all of whom are deceased. The term is generally referred to the paper currency.


For example, if an item is worth $2, it is worth 2 dead presidents.

 

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