dead presidents

plural noun

Definition of dead presidents

slang
: U.S. money in the form of bills specifically : dollars

First Known Use of dead presidents

1944, in the meaning defined above

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More Definitions for dead presidents

dead presidents

plural noun

Financial Definition of dead presidents

What It Is

In the finance world, dead presidents are slang for U.S. currency.

How It Works

The term comes from the pictures of the former U.S. presidents, all of whom are deceased, that appear on the face of American currency. Though presidents appear on U.S. coins, the term generally refers to paper currency. The presidents on U.S. bills are:

$1: George Washington
$2: Thomas Jefferson
$5: Abraham Lincoln
$10: Alexander Hamilton
$20: Andrew Jackson
$50: Ulysses S. Grant
$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 It Matters

Like any other industry, the finance world has its own slang and colorful language.

Source: Investing Answers

dead presidents

noun

English Language Learners Definition of dead presidents

US slang : U.S. money in the form of paper bills