Cash rounding
Cash Rounding or Swedish rounding (New Zealand English) occurs when the minimum unit of account is smaller than the lowest physical denomination of currency. The amount payable for a cash transaction is rounded to the nearest multiple of the minimum currency unit available, whereas transactions paid in other ways are not rounded (for example electronic funds transfer like credit cards, or negotiable instruments like cheques). Cash rounding typically occurs when low-denomination coins are removed from circulation owing to inflation. Cash rounding may be a compulsory legal requirement if such coins are no longer legal tender, or a voluntary practice where they remain in circulation but are scarce or impractical.
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Cash rounding
Cash Rounding or Swedish rounding (New Zealand English) occurs when the minimum unit of account is smaller than the lowest physical denomination of currency. The amount payable for a cash transaction is rounded to the nearest multiple of the minimum currency unit available, whereas transactions paid in other ways are not rounded (for example electronic funds transfer like credit cards, or negotiable instruments like cheques). Cash rounding typically occurs when low-denomination coins are removed from circulation owing to inflation. Cash rounding may be a compulsory legal requirement if such coins are no longer legal tender, or a voluntary practice where they remain in circulation but are scarce or impractical.
has abstract
Cash Rounding or Swedish round ...... arthing was withdrawn in 1960.
@en
L'arrondi monétaire or arrondi ...... se font rares ou inutilisées.
@fr
スウェディッシュ・ラウンディング (Cash roundin ...... んにゅう)、または、より細かく二捨三入・七捨八入と呼ばれる。
@ja
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1.022.054.818
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comment
Cash Rounding or Swedish round ...... but are scarce or impractical.
@en
L'arrondi monétaire or arrondi ...... se font rares ou inutilisées.
@fr
スウェディッシュ・ラウンディング (Cash roundin ...... んにゅう)、または、より細かく二捨三入・七捨八入と呼ばれる。
@ja
label
Arrondi monétaire
@fr
Cash rounding
@en
スウェディッシュ・ラウンディング
@ja
스웨덴 반올림
@ko