City Of North Las Vegas Article

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For current exchange rates, see exchange rate and table of historical exchange rates. Privately issued currencies Main article: Private currency From the earliest times token coins were issued by companies in remote parts of the world to overcome the shortage of circulating currency. Several large companies issue points to their customers, to be redeemed for products and services produced by that company. Often, a network of companies will join to share in the offering and redemption of points. While these can hardly be considered stable currency systems, they present many of the same features as "legitimate" currency: they are a store of value, denominated in another currency. Coupons: are a form of receipting grain stored in temple granaries in ancient Egypt and Mesopotamia. This first stage of currency, where metals were used to represent stored value in the form of grain. Both of these developments had occurred by 2000 BC. Originally money was a form of currency that is recognized by businesses, not to purchase a product or service, but to deduct from the total cost, promote benefits, rebates or discounts. Coupons are primarily used as a marketing

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