Design; graphics; finance; money; bank notes; £20; £20 note; economy; spending; exchange; Queen Elizabeth II; portrait; E II R; eyes; hair; crown; necklace; earrings; twenty pound note; macro;
Description
£20 note, depicting Adam Smith with an illustration of 'The division of labour in pin manufacturing'. It also includes enhanced security features. This, the first note from the new Series F, entered circulation on 13 March 2007
money Sterling pound notes currency cash UK pounds note twenty business finance banking bank Queen Elizabeth II the second on economics of England British Queen's head portrait United Kingdom Great Britain English wealth banknote banknotes portraits upright vertical close-up close up legal tender economic activity economy supply demand and by denomination value purchasing power inflation recession depression finances downturn to a from with view symbol sign financial transaction transactions cost living costs European Europe EU Union exchange rate rates trade currencies world international paper views HM Her Majesty capital capitalism monarch monarchy deflation Royal pay payment paying payments macro means upturn buying expense expenses expenditure income
Description
Macro shot of a UK twenty pound note showing the head of Queen Elizabeth II.
Design; graphics; typography; money; bank notes; £20; £20 bank note; bank of England; Adam Smith; economics; currency; exchange; transaction; wages; salary; spend; buy; twenty pound note; macro;
Description
Adam Smith (1723 - 1790) is one of the fathers of modern economics. In one of his great works, An Inquiry into the Nature and Causes of the Wealth of Nations, Smith famously used the example of workers in a pin factory to describe the benefits created by the division of labour, and, as explained on the note, "the great increase in the quantity of work that results".
Graphics; design; money; bank notes; £20; £20 pound note; bank of England; currency; economy; spending; manufacturing; labour; wages; salary; back; twenty pound note; macro;
Description
£20 note, depicting Adam Smith with an illustration of 'The division of labour in pin manufacturing'. It also includes enhanced security features. This, the first note from the new Series F, entered circulation on 13 March 2007
Design; graphics; typography; money; notes; £20; £20 bank note; Bank of England; denomination; number; Andrew Bailey; chief cashier; transaction; spend; exchange; currency; wages; salary; twenty pound note; macro;
Description
There is a large number 20 and £ symbol in the top left corner on the front of the note to assist easy recognition of its value; this negates the need for a specific symbol for the partially sighted. There is also a slightly smaller number 20 in the top and bottom right corners.
. But the value of the pound has not been linked to gold for many years, so the meaning of the promise to pay has changed. Exchange into gold is no longer possible and Bank of England notes can only be exchanged for other Bank of England notes of the same face value. Public trust in the pound is now maintained by the operation of monetary policy, the objective of which is price stability.
Design; graphics; typography; bank notes; £20; twenty pounds; Bank of England; Queen Elizabeth II; face; hair; crown; money; cash; currency; wages; salary; spend; exchange; economy; sovereign; macro;
Description
All current Bank of England banknotes are signed by the Chief Cashier Andrew Bailey. All the notes issued since Series C in 1960 also depict Elizabeth II of the United Kingdom in full view facing left and as a watermark, hidden, facing right; recent issues have the EURion constellation around. The custom of depicting historical figures on the reverse began with Series D in 1970.
The international copyright symbol is included on the front and back of the £20 note. This can be found to the left of the holographic strip on the front of the note and on the back under the words 'Bank of England'.
