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Assignats were paper money ( fiat currency) authorized by the Constituent Assembly in France from 1789 to 1796, during the French Revolution, to address imminent bankruptcy. They were originally backed by the value of properties now held by the nation; those of the crown taken over on 7 October, and those of the Catholic Church, which were ...
L’assignat est une monnaie fiduciaire mise en place sous la Révolution française. Après le système de Law ( 1716 – 1720 ), l'assignat est la seconde expérience de monnaie fiduciaire en France au XVIII e siècle : toutes deux se soldèrent par un échec retentissant.
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Jul 22, 2022 · The assignat was a paper bill issued by France between 1789 and 1796, during the French Revolution (1789-1799). First issued in the form of bonds, assignats soon devolved into a paper currency, the mass production of which led to inflation and depreciation.
assignat, paper bill issued in France as currency from 1789 to 1796, during the French Revolution. A financial expedient on the part of the Revolutionary government, the increasing issuance of the assignats resulted in inflation.
Die Assignaten (von französisch l’assignat ,Anweisung‘) waren das während der Französischen Revolution verwendete Papiergeld. [1] 1789 eingeführt wurden sie 1796 durch Territorialmandate als neues Papiergeld abgelöst. Auch dieses Zahlungsmittel wurde bald demonetisiert .
assignats (ăs´Ĭgnăts, äsēnyä´), paper currency issued during the French Revolution. To redeem the huge public debt and to counterbalance the growing deficit, the revolutionary constituent assembly issued (Dec., 1789) treasury notes, called assignats, to the amount of 400 million livres at 5% interest.
The assignat was a paper bill issued by France between 1789 and 1796, during the French Revolution (1789-1799). First issued in the form of bonds, the assignat was meant to stimulate France's economy as a quick means to pay off national debt.
