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Local currency
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==Terminology== Some definitions: * [[Complementary currency]] - is used as a complement to a national currency,{{r|"ccto"}} as a [[medium of exchange]], which is usually not [[legal tender]].{{r|ccg2006|page=2}} * [[Community currency]] - a complementary currency used by a group with a [[Common bond of association|common bond]], such as residents of a locality, association, or members of a business or online community. * '''Local currency''' - a complementary currency used in a locality.{{r|"BoE"}} * '''Regional currency''' - a local currency where the locality is a larger region. * '''Auxiliary currency''', '''microcurrency''', '''Eco-Money''' - less common synonyms for community or local currency. (see for example Douthwaite & Wagman 1999) * [[Private currency]] - a currency issued by an individual, business or non-governmental organization. Complementary currencies are a type of private currency.<ref>{{Cite web|url=https://www.investopedia.com/terms/p/private-currency.asp|title=Private Currency Definition|first=James|last=Chen|website=Investopedia}}</ref> * [[Sectoral currency]] - a complementary currency used within one economic sector, such as education or health care. * [[Alternative currency]] - generally, a synonym for complementary currency, referring to a currency designed to work in conjunction with the national currency; less often refers to a type of private currency which attempts to supplant or circumvent the national currency.
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