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Military payment certificate. One-dollar bill Series 692 ( from the Vietnam War era 1970–73) Military payment certificates, or MPC, was a form of currency used to pay United States (US) military personnel in certain foreign countries in the mid and late twentieth century. They were used in one area or another from a few months after the end ...
Allied Military Currency (" AMC ") was a form of currency issued by the Allied powers during World War II, to be issued to troops entering liberated or newly occupied countries, as a form of currency control .
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Transporting U.S. currency overseas costs the military hundreds of thousands of dollars annually – during the Iraq War, for every $1,000,000 sent to pay soldiers in Iraq, it cost $60,000 in security, logistics, and support fees. It also eliminates the need for the World War II practice of producing the military payment certificate. The use of ...
A scrip (or chit in India) is any substitute for legal tender.It is often a form of credit.Scrips have been created and used for a variety of reasons, including exploitative payment of employees under truck systems; or for use in local commerce at times when regular currency was unavailable, for example in remote coal towns, military bases, ships on long voyages, or occupied countries in wartime.
A military discharge is given when a member of the armed forces is released from their obligation to serve. Each country's military has different types of discharge. They are generally based on whether the persons completed their training and then fully and satisfactorily completed their term of service. Other types of discharge are based on ...
Each certificate, issued to a qualified veteran soldier, bore a face value equal to the soldier's promised payment with compound interest. The principal demand of the Bonus Army was the immediate cash payment of their certificates. On July 28, 1932, U.S. Attorney General William D. Mitchell ordered the veterans removed from all government property.
In the military, a brevet (/ b r ə ˈ v ɛ t / or / ˈ b r ɛ v ɪ t / ⓘ) is a warrant that gives a commissioned officer a higher rank title as a reward, but which may not confer the authority and privileges of real rank. The promotion would be noted in the officer's title (for example, "Bvt. Maj. Gen. Joshua L. Chamberlain" or "Bvt. Col ...