Is there a 1000000 note?

The Bank of England £100,000,000 note, also referred to as Titan, is a non-circulating Bank of England sterling banknote used to back the value of Scottish and Northern Irish banknotes. It is the highest denomination of banknote printed by the Bank of England.

en.wikipedia.org - Bank of England £100,000,000 note - Wikipedia

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Non-circulating Bank of England banknote worth £100,000,000

One hundred million pounds (United Kingdom) Value £100,000,000 sterling Width 297 mm Height 210 mm Security features Requires the signature of the existing Chief Cashier at the Bank of England Obverse Design Britannia Reverse Design Blank The Bank of England £100,000,000 note, also referred to as Titan, is a non-circulating Bank of England sterling banknote used to back the value of Scottish and Northern Irish banknotes. It is the highest denomination of banknote printed by the Bank of England. As both of these regions have their own currency issued by particular local banks, the non-circulating notes provide the essential link between those currencies and that of England, and security if a local issuing bank were to fail.

Purpose [ edit ]

The £100,000,000 note (nicknamed "Titan" simply because of its titanic value) backs the value of common circulating notes (£1, £5, £10, £20, £50, and £100 notes) issued by the seven commercial banks in Scotland (Bank of Scotland, Royal Bank of Scotland, Clydesdale Bank) and Northern Ireland (Bank of Ireland, Danske Bank and Ulster Bank). The £1,000,000 note plays a similar vital role in the British currency system.[note 1] Scottish and Northern Irish banknotes are often viewed with suspicion by businesses in England and Wales as businesses are not always overly familiar with all the different types of notes that are issued and may not be sure on how to check them for counterfeiting and, therefore, do not like to accept them. There is also the possibility of one of the commercial banks closing; all banknotes issued by a closed commercial bank would be considered worthless. The backing by the £100,000,000 notes and the £1,000,000 notes is intended to maintain public confidence in the value the notes represent. For every pound an authorised Scottish or Northern Irish commercial bank prints and issues in the form of its own notes, it must deposit the equivalent in pound sterling with the Bank of England. If necessary, notes from a struggling Scottish or Northern Irish commercial bank could be replaced with regular Bank of England issued cash.[note 2] The Bank of England prints £100,000,000 notes internally, rather than at its normal commercial printers, for security reasons. The £100,000,000 notes are then locked away together with other backing assets either within the Bank of England vault, or in other authorised locations, to further ensure their security as physical assets. For even further security, £100,000,000 notes must be signed by the existing Chief Cashier in order to become legal tender and actually be used as a backing asset for commercial banks and their notes in Scotland and Northern Ireland.

Notes [ edit ]

References [ edit ]

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What is the #1 saddest song?

What are the Top Saddest Songs? "Hurt" – Nine Inch Nails / Johnny Cash. "Someone Like You" – Adele. ... “Something in the Way” – Nirvana. ... “Nothing Compares 2 U” – Sinéad O'Connor. ... “Tears in Heaven” – Eric Clapton. ... "I Will Always Love You" – Whitney Houston. ... "Close to You" – Rihanna. ... "It's Too Late" – Carole King. ... More items... •

jscalco.com - Top 10 Saddest Songs of All Time - J.Scalco

Sadness comes in many forms. It may be a nasty heartbreak. The tragic loss of a loved one. Or a feeling of burn-out, which is now recognized by the World Health Organization (WHO) as a syndrome tied to chronic workplace stress. But whatever your heartache, there is a song that captures and resonates with your sorrow and that could be one of the saddest songs in your book. Music has an almost enchanting ability to evoke profound emotions from the deepest crevasse of our hearts. It can fuel your anger, make you well up with sorrow, or provide much-needed comfort in times of loss. It might feel counterintuitive to drown your sorrows in the melodies and relatable lyrics, but a good sad song can actually help you acknowledge your feelings, lifting you up from your depressed state. In fact, an article published in Psychology Today reads, “Research has suggested that sad music plays a role in emotional regulation. It evokes pleasant emotions such as bliss and awe, along with sadness, and is more likely than happy music to arouse the intensely pleasurable responses referred to as “chills.” Accompanied by the release of hormones such as oxytocin and prolactin, associated with social bonding and nurturance, sad music can facilitate recovering positive mood.”