fractional currency
Noun
Meaning
paper currency in denominations less than the basic monetary unit
Source: WordNetSynonyms
Hypernyms
Examples
By war's end, a total of $431 million in greenbacks had been issued, and authorization had been given for another $50 million in small denominations, known as fractional currency or "shin plasters."
Subsequently silver was only used in coins worth less than $1 (fractional currency).