So, while you might not find this specific meaning for the word in Merriam Webster, you can easily look to crowdsourced sites such as Urban Dictionary to rid yourself of any confusion. This is also known as one grand and is a hefty amount! When we look at the word stack, we figure out that although it is used colloquially, it is slang! So, does this mean that there will be a total of 100 bills in a 100 dollar bill stack or individual 100 bills? Sounds confusing right? Well, it’s not!Īccording to Wikipedia, a single stack of 100 dollar bills that is circulated by the American Banking Association is equivalent to around $1000. This usually represents the quantity and number of banknotes but can also refer to the bundle itself. However, it has been designed to denote that there is a set amount of money in it. This depends purely on what process stage it is in. This means that it is not mechanized or electronic but it might be as well. You might be surprised to find out that contrary to what you believe, these straps have a purpose other than just keeping the stack together! Yes, that’s right!A currency strap or band might appear to be a normal paper device that makes the wad what it is. First of all, what is a currency strap itself and why is it necessary? Then we can move on to how many bills are within a 100 dollar stack. With this in mind, it then becomes imperative to learn about the idea behind the way the US stacks 100 dollar bills and what some of the main lingoes around it is. Words such as stacks and wads are not in the dictionary in the sense that we may use them, but they are accurate ways to talk about money. There are more formal ways such as banknotes, currency, and money and then there are the many slang words that have miraculously seeped into our collective consciousness as well. This means that a lot of what we say might not be the right thing to say within the rules of a certain language but since it becomes a general way to communicate, it is accurate.Ī good way to understand is precisely how many words we have just to describe money. Well, while a currency strap is one of the primary reasons behind this etymology, it is interesting to see how colloquial language shapes the way that we talk about any topic daily. Another very reasonable and logical question that might pop up in your mind might be so, why are they called stacks in the first place? Ever wondered how much money is in a wad that you see circulated in banks? Well, if you are curious like us then you will love reading on for this review on the specifics of 100 dollar bill stacks.
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