Denomination (currency) as Polish złoty (“golden”) and Vietnamese đồng (“copper”), or its geographical origin, e.g. Joachimsthaler (see Dollar). Denomination (currency) Denomination is a proper description of a currency amount, usually for coins or banknotes. Denominations may also be used with other means of payment like gift cards. For example, "five euros" is the denomination of a five euro note. In a currency, there is usually a main unit (base), and a subunit that is a fraction of the main unit. In some countries, there are multiple levels of subunits. In the former Ottoman Empire, 1 lira = 100 kuruş = 4000 para
Social class in the Ottoman Empire Social class in the Ottoman Empire There is considerable controversy regarding social status in the Ottoman Empire. Social scientists have developed class models on the socio-economic stratification of Ottoman society which feature more or less congruent theories. We see the Ottoman Empire being described as a bureaucratic state, holding different regions within a single administrative and fiscal system. The Ottoman Empire lasted for over six hundred years (1299–1923) and encompassed what is modern-day Turkey, the Balkans and the Fertile Crescent. Thus the Ottoman Empire would be home to an extremely diverse population ranging from the Muslim majority to the minority