Cash Essentials Launches Cash Glossary

Cash Essentials, the independent initiative that seeks to provide a platform for debate about the payments and monetary ecosystems, has published its first edition of a Cash Glossary. The aim is to give the cash industry a shared vocabulary relating to payments and the cash cycle.

The Cash Essentials website describes the glossary as a ‘collective work’ edited by Antti Heinonen, Chairman Banknote Ethics Initiative and ex-European Central Bank/Bank of Finland, and Guillaume Lepecq, Chair at Cash Essentials.

The glossary contains a mixture of words from banknote production, the banknote itself, the cash cycle and payments. At first glance the editors have done a good job collecting key words needed for discourse in the cash arena.

The glossary is not a comprehensive technical record and does not include descriptions of all the security features and technologies used in banknotes. It touches on some of the most frequently used words in these areas.