# Aptitude of circulation

- Canonical URL: https://www.gerhardmerk.de/aptitude-of-circulation-2
- Post ID: 7965
- Modified: 2023-07-25T20:48:28+00:00
- Language: en

## Definition

The suitability of a banknote - in terms of material and substance (quality) and - in terms of legitimacy (legitimacy, authenticity) - to perform its tasks in payment transactions. - See banknote management, validation, bridge Abney phenomenon, counterfeit protection, window money, secondary currency, security strip. - Cf. ECB Monthly Bulletin, October 2007, p. 111 ff. (individual issues relating to the fitness of euro banknotes for circulation). Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

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