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Treasury Bill - Law Dictionary Search Results

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dollar bill

A paper note printed by the Treasury or by one of the Federal Reserve Banks under authority of the treasury having the value of one dollar Also five dollar bill ten dollar bill etc notes with the value of five ten etc dollars Prior to 1964 such notes could be redeemed for the equivalent dollar value in silver coins but in that year the backing of the currency with silver was discontinued Such notes not convertible into precious metals at a fixed rate are called fiat money receiving their value solely from the good faith of the issuing government and the confidence of those using the currency...


treasury

treasury pl: -sur·ies 1 a : a place in which stores of wealth are kept b : the place of deposit and disbursement of collected funds ;esp : one where public revenues are deposited, kept, and disbursed c : funds kept in such a depository 2 cap a : a governmental department in charge of finances and esp. the collection, management, and expenditure of public revenues b : the building in which the business of such a governmental department is transacted 3 cap : a government security (as a note or bill) issued by the Treasury ...


Criminal Appeal Act, 1907 (English)

Criminal Appeal Act, 1907 (English) (7 Edw. 7, c. 23), came into force on the 19th April, 1908. For a great number of years the merits and demerits of criminal appeal have been discussed in this country.In 1844 Sir Fitzroy Kelly, in a remarkable speech in the House of Commons, advocated criminal appeal, the claim to which has also been recognized by Starkie, Sir John Holker, and Chief Baron Pollock; and even Blackstone,with whom, as Mr. Lecky has observed, admiration of our national jurisprudence was almost a foible, passed some severe criticisms on the stateof the criminal law of his day. In more recent times Lord James of Hereford (then Sir Henry James) introduced a criminal appeal bill into the House of Commons,which was supported by Lord Russell of Killowen (then Sir Charles Russell). And in 1889 Lord Fitzgerald, when introducing a measure into the House of Lords, said that the absene of any provision for rectifying errors andmistakes in criminal cases constituted a blot upon the c...


Paper Money

Paper Money, bank notes, bills of exchange, and promissory notes. On the outbreak of the war with Germany in August, 1914, the government issued currency notes for 1l. and 10s. respectively to a considerable amount. The first issued were soon called in, others of better design and less easy to imitate being substituted. Currency notes were commonly called 'Treasury notes,' and were legal tender for the payment of any amount. See (English) Currency and Bank Notes Act, 1914 (4 & 5 Geo. 5, c. 14), and (the Amendment Act), c. 72. These (English) Acts have been repealed (except penal and formal provisions) by the (English) Currency and Bank Notes Act, 1928 (18 & 19 Geo. 5, c. 13), which authorizes the Bank of England to issue Bank notes for 1l. and 10s., payable only at the head office in London but to be legal tender in Scotland and Northern Ireland for any amount, as the 1914 currency notes are to be deemed bank notes....


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