What are Dead Presidents?
In the finance world, dead presidents are slang for U.S. currency.
How Do Dead Presidents Work?
The currency. The presidents on U.S. bills are:comes from the pictures of the former U.S. presidents, all of whom are deceased, that appear on the face of American . Though presidents appear on U.S. coins, the term generally refers to paper
$1: George Washington
$2: Thomas Jefferson
$5: Abraham Lincoln
$10: Alexander Hamilton
$20: Andrew Jackson
$50: Ulysses S.
$100: Benjamin Franklin (note: Benjamin Franklin was not a U.S. president)
$500: William McKinley
$1,000: Grover Cleveland
$5,000: James Madison
$10,000: Salmon P. Chase (note: Salmon P. Chase was not a U.S. president)
$100,000: Woodrow Wilson
Why Do Dead Presidents Matter?
Like any other industry, the finance world has its own slang and colorful language.
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