Unmarked bills are paper money with no distinguishing marks to make it easy for law enforcement to trace. Law enforcement officers mark bills using highlighters, writing or by recording the serial numbers of the bill, according to Wikipedia.Know More
During World War II, the government stamped all the paper money in Hawaii in black with upper-case block letters spelling out Hawaii on the back and a smaller rendition of the word on the front. In addition, they printed the seal on the bill in brown instead of green. The government planned to declare such bills as worthless in the event of a Japanese invasion of the islands, according to the Star Advisor.
In 2008, marked bills from a closed restaurant a man used to pay a fine caused him more legal problems. Patrons at The Homestead had a tradition of signing the currency and hanging it on the walls. After the restaurant closed, the bills began to disappear. NBC News.com reports a court clerk recognized the word "Homestead" on the bills used to pay the fine and notified authorities, resulting in the arrest of five people.
In 1998, a web developer began stamping bills with the "Where's George" message. According to The Seattle Times, someone enters the serial numbers of bills into an online database and stamps with the website. People receiving the bill enter the location on the website.Learn more about Currency & Conversions
Dollar bills can be tracked using an online application, such as Where's George. So that the bill's movements across the country can be tracked, users have to enter the denomination of the bill, serial number, bill series and the user's ZIP code.Full Answer >
To exchange loose change for bills, or to use coins more effectively, it helps to roll them. Rolling refers to putting the coins into wrappers in neat stacks with the correct amount of money per stack. By convention, each roll of pennies holds 50, a roll of nickels hold 40, dimes have 50 to a roll and a roll of quarters holds 40. Many locations have machines that roll coins for a small fee.Full Answer >
Money-market holdings, short-term government bonds, treasury bills and savings bonds are examples of cash equivalents. Cash equivalents are short-term investments that can be immediately converted to cash and mature in three months or less.Full Answer >
There are Canadian $1,000 bills. Although Canada stopped producing this bill in May 2000, it remains legal and in circulation as of 2012. However, banks are required to eradicate any such bills deposited with them.Full Answer >