What's the equivalent of a Euro "cent"?
Sep 18th 2003, 2:48 am
#46
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Re: What's the equivalent of a Euro "cent"?
> That sounds like France.
The French for "cent" is actually "centime".
> Those 1 centesimo pieces are hard to find these days.
I find them almost only at the baker's and at the grocer's.
Isn't this non-availability of small coins in Italy one of the reasons
for this consumer boycott day ?
The French for "cent" is actually "centime".
> Those 1 centesimo pieces are hard to find these days.
I find them almost only at the baker's and at the grocer's.
Isn't this non-availability of small coins in Italy one of the reasons
for this consumer boycott day ?
Sep 18th 2003, 2:55 am
#47
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Re: What's the equivalent of a Euro "cent"?
"Henry" <[email protected]> schrieb im Newsbeitrag
news:1g1ht4o.ox484n1rrowbzN%[email protected]...
> Care to provide a citation?
Here you are!
<http://europa.eu.int/smartapi/cgi/sg...rod!CELEXnumdo
c&lg=EN&numdoc=31998R0974&model=guichett>
(long link)
Article 11
lg Gernot
news:1g1ht4o.ox484n1rrowbzN%[email protected]...
> Care to provide a citation?
Here you are!
<http://europa.eu.int/smartapi/cgi/sg...rod!CELEXnumdo
c&lg=EN&numdoc=31998R0974&model=guichett>
(long link)
Article 11
lg Gernot
Sep 18th 2003, 3:06 am
#48
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Re: What's the equivalent of a Euro "cent"?
"Keith Willshaw" wrote
| The definition of legal tender in UK law is
| That currency, or money, which the law authorizes a debtor to
| tender and requires a creditor to receive.
| This is not the same as legal currency, Scottish Bank
| notes are NOT legal tender even in Scotland, you
| cannot force a creditor to accept payment in Scottish
| bank notes in satisfaction of a debt.
One local authority tried to refuse a cash payment (in Scottish notes) on
the grounds it wasn't "legal tender", but lost their case when the sheriff
effectively said that they
were obliged to accept anything which was commonly accepted as "money", and
that should their insistence on "legal tender" have been supported, it would
have resulted in the bill being paid entirely in coins, [English bank notes
not being legal tender in Scotland] which would have been a nonsense;
stopping short of saying that the council would have been "cutting off their
nose to spite their face", but seeming to hint at it.
http://www.siliconglen.com/Scotland/1_7.html
Owain
| The definition of legal tender in UK law is
| That currency, or money, which the law authorizes a debtor to
| tender and requires a creditor to receive.
| This is not the same as legal currency, Scottish Bank
| notes are NOT legal tender even in Scotland, you
| cannot force a creditor to accept payment in Scottish
| bank notes in satisfaction of a debt.
One local authority tried to refuse a cash payment (in Scottish notes) on
the grounds it wasn't "legal tender", but lost their case when the sheriff
effectively said that they
were obliged to accept anything which was commonly accepted as "money", and
that should their insistence on "legal tender" have been supported, it would
have resulted in the bill being paid entirely in coins, [English bank notes
not being legal tender in Scotland] which would have been a nonsense;
stopping short of saying that the council would have been "cutting off their
nose to spite their face", but seeming to hint at it.
http://www.siliconglen.com/Scotland/1_7.html
Owain
Sep 18th 2003, 3:24 am
#49
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Posts: n/a
Re: What's the equivalent of a Euro "cent"?
In France (Paris) I have heard people refer to the sub-euro coins as
"centimes" on more than one occasion. Plus ca change !
> The only denomination of the Euro is the cent, or more correctly the "Euro
> cent".
>
> You'd say "three euros fifty" or "three fifty" or "three euros and fifty
> cents" or variations on that theme.
"centimes" on more than one occasion. Plus ca change !
> The only denomination of the Euro is the cent, or more correctly the "Euro
> cent".
>
> You'd say "three euros fifty" or "three fifty" or "three euros and fifty
> cents" or variations on that theme.
Sep 18th 2003, 3:28 am
#50
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Posts: n/a
Re: What's the equivalent of a Euro "cent"?
"Mark Hewitt" <[email protected]> wrote in message
news:[email protected]...
> > nickels, dimes, and quarters?
> These are specific to the USA.
And Canada ... or at least they have coins of the same units, don't they? I
get Canadian coins as change in US stores.
news:[email protected]...
> > nickels, dimes, and quarters?
> These are specific to the USA.
And Canada ... or at least they have coins of the same units, don't they? I
get Canadian coins as change in US stores.
Sep 18th 2003, 4:04 am
#52
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Posts: n/a
Re: What's the equivalent of a Euro "cent"?
On Thu, 18 Sep 2003 12:49:03 +0200, "Gernot Egger" <[email protected]>
wrote:
>"Henry" <[email protected]> schrieb im Newsbeitrag
>news:1g1hh2c.lso7uz1yd462nN%[email protected]...
>> Sorry--I repeat, not legal tender. You simply cannot spend these coins;
>> according to Finnish law, merchants, etc. are not obligated to accept
>> them, and no one will.
>Sorry, I do not believe that as the EU-law is differnt IIRC and I do not
>think that a Finnish law overrules a EU one!
>You won't be successful in spending the small coins in .fi but I think they
>are still legal tender.
"Legal tender" status does not mean they must be accepted by one
and all.
************* DAVE HATUNEN ([email protected]) *************
* Tucson Arizona, out where the cacti grow *
* My typos & mispellings are intentional copyright traps *
wrote:
>"Henry" <[email protected]> schrieb im Newsbeitrag
>news:1g1hh2c.lso7uz1yd462nN%[email protected]...
>> Sorry--I repeat, not legal tender. You simply cannot spend these coins;
>> according to Finnish law, merchants, etc. are not obligated to accept
>> them, and no one will.
>Sorry, I do not believe that as the EU-law is differnt IIRC and I do not
>think that a Finnish law overrules a EU one!
>You won't be successful in spending the small coins in .fi but I think they
>are still legal tender.
"Legal tender" status does not mean they must be accepted by one
and all.
************* DAVE HATUNEN ([email protected]) *************
* Tucson Arizona, out where the cacti grow *
* My typos & mispellings are intentional copyright traps *
Sep 18th 2003, 4:05 am
#53
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Posts: n/a
Re: What's the equivalent of a Euro "cent"?
On Thu, 18 Sep 2003 16:40:17 +0300, [email protected] (Henry)
wrote:
>Gernot Egger <[email protected]> wrote:
>> You won't be successful in spending the small coins in .fi but I think they
>> are still legal tender.
>Erm...'legal tender' _means_ that you can spend them.
But it does not mean that they must be accepted in payment.
************* DAVE HATUNEN ([email protected]) *************
* Tucson Arizona, out where the cacti grow *
* My typos & mispellings are intentional copyright traps *
wrote:
>Gernot Egger <[email protected]> wrote:
>> You won't be successful in spending the small coins in .fi but I think they
>> are still legal tender.
>Erm...'legal tender' _means_ that you can spend them.
But it does not mean that they must be accepted in payment.
************* DAVE HATUNEN ([email protected]) *************
* Tucson Arizona, out where the cacti grow *
* My typos & mispellings are intentional copyright traps *
Sep 18th 2003, 4:09 am
#54
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Posts: n/a
Re: What's the equivalent of a Euro "cent"?
On Thu, 18 Sep 2003 14:08:48 +0100, "Keith Willshaw"
<[email protected]> wrote:
>The definition of legal tender in UK law is
>That currency, or money, which the law authorizes a debtor to
>tender and requires a creditor to receive.
Do you have a cite for that passage in UK law?
************* DAVE HATUNEN ([email protected]) *************
* Tucson Arizona, out where the cacti grow *
* My typos & mispellings are intentional copyright traps *
<[email protected]> wrote:
>The definition of legal tender in UK law is
>That currency, or money, which the law authorizes a debtor to
>tender and requires a creditor to receive.
Do you have a cite for that passage in UK law?
************* DAVE HATUNEN ([email protected]) *************
* Tucson Arizona, out where the cacti grow *
* My typos & mispellings are intentional copyright traps *
Sep 18th 2003, 4:20 am
#55
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Posts: n/a
Re: What's the equivalent of a Euro "cent"?
I think the most interesting result is this thread
so many people have contributed with their opinions and quotes....
while in italy a person would say
3 euro e cinquanta
or 3 euro cinquanta
so the word euro would not be made as plural.
I guess that the Euro brought about a big change
in all europeans.. the certainty
that we are going to be a state..
of course prices went up
most of them without a real reason..
some prices doubled in Italy
prices of vegetables and fruits are from 40 to 100% more expensive..
as soon as people will realize that the money in their pockets is less, they
will be more careful
in spending
i guess that will bring about better prices and conditions
cars are sold here with huge rebates..
prices of air tickets are going down from day to day..
hotels make special offers.. much better prices than before..
competition is the secret..
and a more careful way of spending.
as to me.. I was giving in the church
1000 liras.. now i give 1 euro.
twice as much.
i guess tourists realize how nice it is not to be obliged to have
different coins and banknotes in their pockets.. and have an idea of prices
without
difficult calculations..
while banks were obliged to reduce costs of all
foreign operations to the level of inland operations
I have a small company.. but that allows me to save at least
2000 euro a year....
I will make an example
from italy to germany if you take toll roads and highways.. you will use the
Europa Bridge
so. one had to have liras in italy
schillings in austria ( for a few kms.. )
and german dms..
now euro will be enough..
isn't that great ??
"Lizard" <[email protected]> ha scritto nel messaggio
news:5I%[email protected]...
> i.e., if something costs 3,50euro, how would you say this? "three euros,
> fifty _____" cents? is there another word for it? or do they say
"three
> and a half euros" or "three point five euros"? What about the
> denominations? are there pennies, nickels, dimes, and quarters?
> Thanks
so many people have contributed with their opinions and quotes....
while in italy a person would say
3 euro e cinquanta
or 3 euro cinquanta
so the word euro would not be made as plural.
I guess that the Euro brought about a big change
in all europeans.. the certainty
that we are going to be a state..
of course prices went up
most of them without a real reason..
some prices doubled in Italy
prices of vegetables and fruits are from 40 to 100% more expensive..
as soon as people will realize that the money in their pockets is less, they
will be more careful
in spending
i guess that will bring about better prices and conditions
cars are sold here with huge rebates..
prices of air tickets are going down from day to day..
hotels make special offers.. much better prices than before..
competition is the secret..
and a more careful way of spending.
as to me.. I was giving in the church
1000 liras.. now i give 1 euro.
twice as much.
i guess tourists realize how nice it is not to be obliged to have
different coins and banknotes in their pockets.. and have an idea of prices
without
difficult calculations..
while banks were obliged to reduce costs of all
foreign operations to the level of inland operations
I have a small company.. but that allows me to save at least
2000 euro a year....
I will make an example
from italy to germany if you take toll roads and highways.. you will use the
Europa Bridge
so. one had to have liras in italy
schillings in austria ( for a few kms.. )
and german dms..
now euro will be enough..
isn't that great ??
"Lizard" <[email protected]> ha scritto nel messaggio
news:5I%[email protected]...
> i.e., if something costs 3,50euro, how would you say this? "three euros,
> fifty _____" cents? is there another word for it? or do they say
"three
> and a half euros" or "three point five euros"? What about the
> denominations? are there pennies, nickels, dimes, and quarters?
> Thanks
Sep 18th 2003, 4:35 am
#56
Guest
Posts: n/a
Re: What's the equivalent of a Euro "cent"?
In <1g1hrqm.prxhmvpz9c6iN%[email protected]>, Henry wrote:
> In general, the Finnish one and two cent coins are not available
> anywhere, even from the Bank of Finland. Quoting from their website
They may not be available directly from the BoF but they are definitely
available. Off the top of my head I can name four places right in the center
in Helsinki where you can buy them (at a markup, of course, since they are
mostly for the collector's market).
--
Herbie J.
Famous Curator
> In general, the Finnish one and two cent coins are not available
> anywhere, even from the Bank of Finland. Quoting from their website
They may not be available directly from the BoF but they are definitely
available. Off the top of my head I can name four places right in the center
in Helsinki where you can buy them (at a markup, of course, since they are
mostly for the collector's market).
--
Herbie J.
Famous Curator
Sep 18th 2003, 4:42 am
#57
Guest
Posts: n/a
Re: What's the equivalent of a Euro "cent"?
Herbie Jurvanen <[email protected]> wrote:
> In <1g1hrqm.prxhmvpz9c6iN%[email protected]>, Henry wrote:
>
> > Ithe Finnish one and two cent coins are not available
>
> I can name four places right in the center
> in Helsinki where you can buy them (at a markup, of course, since they are
> mostly for the collector's market).
Right. But we've been talking about coins in (face-value) circulation.
cheers,
Henry
> In <1g1hrqm.prxhmvpz9c6iN%[email protected]>, Henry wrote:
>
> > Ithe Finnish one and two cent coins are not available
>
> I can name four places right in the center
> in Helsinki where you can buy them (at a markup, of course, since they are
> mostly for the collector's market).
Right. But we've been talking about coins in (face-value) circulation.
cheers,
Henry
Sep 18th 2003, 4:54 am
#58
Guest
Posts: n/a
Re: What's the equivalent of a Euro "cent"?
"Judith Umbria" <[email protected]> wrote in message
news:[email protected]...
> "Miguel Cruz" <[email protected]> wrote in message
> news
O%[email protected]...
> > Lizard <[email protected]> wrote:
> > The euro equivalent of a cent is called a "cent".
> That sounds like France. In Italy it is called centesimo, and there is a
> plural form as there is not for Euro. Those 1 centesimo pieces are hard
to
> find these days.
> I saw both 1 and 2 Euro coins in a coin shop last week for Euro 15 each,
> from Monaco.
Huh? My wallet is full of them and I've never noticed a shortage, though I
live in France. Maybe Italians are hoarding the small change as a
psychological effect of previous deficits in the small change department. I
think the Monaco and Vatican coins have a higher value because they come
from small pieces of real estate and are therefore issued in lesser
quantities.
Lana
Lana
news:[email protected]...
> "Miguel Cruz" <[email protected]> wrote in message
> news
O%[email protected]...> > Lizard <[email protected]> wrote:
> > The euro equivalent of a cent is called a "cent".
> That sounds like France. In Italy it is called centesimo, and there is a
> plural form as there is not for Euro. Those 1 centesimo pieces are hard
to
> find these days.
> I saw both 1 and 2 Euro coins in a coin shop last week for Euro 15 each,
> from Monaco.
Huh? My wallet is full of them and I've never noticed a shortage, though I
live in France. Maybe Italians are hoarding the small change as a
psychological effect of previous deficits in the small change department. I
think the Monaco and Vatican coins have a higher value because they come
from small pieces of real estate and are therefore issued in lesser
quantities.
Lana
Lana
Sep 18th 2003, 5:04 am
#59
Guest
Posts: n/a
Re: What's the equivalent of a Euro "cent"?
On Thu, 18 Sep 2003 18:45:42 +0100, Padraig Breathnach
<[email protected]> wrote:
>Hatunen <[email protected]> wrote:
>>On Thu, 18 Sep 2003 16:40:17 +0300, [email protected] (Henry)
>>wrote:
>>>Erm...'legal tender' _means_ that you can spend them.
>>But it does not mean that they must be accepted in payment.
>That's exactly what it does mean -- that which must be accepted in
>payment of a debt. If, for example, I order a meal in a restaurant I
>become indebted to the restaurateur. If, in a eurozone country, I
>tender payment in US$, the restaurateur may refuse, and I am still in
>debt. If I tender payment in euros, and the restaurateur refuses, he
>will have no joy if he later sues me for payment; my defence will be
>that I offered legal tender.
That has nothing to do wiht it. The restaurant has posted the
price in euros and if you order from the menu you have a
contractual obligation to pay in euros. That's contract law and
has nothing to do with legal tenderness.
I'm having trouble finding an explanation of legal tender on EU
sites, but the US Treasury has such:
http://www.treas.gov/education/faq/c...tender.html#q1
************* DAVE HATUNEN ([email protected]) *************
* Tucson Arizona, out where the cacti grow *
* My typos & mispellings are intentional copyright traps *
<[email protected]> wrote:
>Hatunen <[email protected]> wrote:
>>On Thu, 18 Sep 2003 16:40:17 +0300, [email protected] (Henry)
>>wrote:
>>>Erm...'legal tender' _means_ that you can spend them.
>>But it does not mean that they must be accepted in payment.
>That's exactly what it does mean -- that which must be accepted in
>payment of a debt. If, for example, I order a meal in a restaurant I
>become indebted to the restaurateur. If, in a eurozone country, I
>tender payment in US$, the restaurateur may refuse, and I am still in
>debt. If I tender payment in euros, and the restaurateur refuses, he
>will have no joy if he later sues me for payment; my defence will be
>that I offered legal tender.
That has nothing to do wiht it. The restaurant has posted the
price in euros and if you order from the menu you have a
contractual obligation to pay in euros. That's contract law and
has nothing to do with legal tenderness.
I'm having trouble finding an explanation of legal tender on EU
sites, but the US Treasury has such:
http://www.treas.gov/education/faq/c...tender.html#q1
************* DAVE HATUNEN ([email protected]) *************
* Tucson Arizona, out where the cacti grow *
* My typos & mispellings are intentional copyright traps *
Sep 18th 2003, 5:12 am
#60
Guest
Posts: n/a
Re: What's the equivalent of a Euro "cent"?
On Thu, 18 Sep 2003 11:04:48 -0600, Hatunen <[email protected]>
wrote:
>I'm having trouble finding an explanation of legal tender on EU
>sites, but the US Treasury has such:
>http://www.treas.gov/education/faq/c...tender.html#q1
Here's another:
http://www.moneyfactory.com/document.cfm/18/110
For the Australian take see:
http://www.rba.gov.au/CurrencyNotes/...al_tender.html
************* DAVE HATUNEN ([email protected]) *************
* Tucson Arizona, out where the cacti grow *
* My typos & mispellings are intentional copyright traps *
wrote:
>I'm having trouble finding an explanation of legal tender on EU
>sites, but the US Treasury has such:
>http://www.treas.gov/education/faq/c...tender.html#q1
Here's another:
http://www.moneyfactory.com/document.cfm/18/110
For the Australian take see:
http://www.rba.gov.au/CurrencyNotes/...al_tender.html
************* DAVE HATUNEN ([email protected]) *************
* Tucson Arizona, out where the cacti grow *
* My typos & mispellings are intentional copyright traps *