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Change, in money, refers to modification of the form, either from one currency to another, as in changing dollars to pounds; or into smaller denominations as in changing a five dollar bill for five singles. When a bill of the smallest denomination is changed, the change will be in coins.

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โˆ™ 14y ago
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โˆ™ 1mo ago

The term "change" for coins comes from the idea of receiving back the balance of money after a transaction. It references the act of exchanging larger denomination bills for smaller coins as a form of financial exchange.

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Q: Why do you call coins change?
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