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For example, in Canada and the US, it's a "cent", in Bitcoin it's the "satoshi", in Bahrain it's the "fil".

What's a generic word that means "smallest unit of this currency"? By "smallest" I mean like the smallest amount that you would see in your bank account, or could transfer to someone. Canada got rid of the penny, but our smallest unit is still the cent.

Ben Miller
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mpen
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1 Answers1

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I think the term you are looking for is fractional monetary unit.

Monetary unit refers to the standard base unit of currency, such as the dollar. The fractional monetary unit is a unit of currency that is a subdivision of the basic monetary unit.

Ben Miller
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