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A money clip is a device typically used to store cash and credit cards in a very compact fashion for those who do not wish to carry a wallet.
| | This article needs additional citations for verification .(October 2015) |
A money clip is a device typically used to store cash and credit cards in a very compact fashion for those who do not wish to carry a wallet.
A metal money clip is generally a solid piece of metal folded into half, such that the banknotes and credit cards are securely wedged in between the two pieces of metal. Metal money clips are typically made out of brass, stainless steel, silver, gold, titanium, or platinum. They are typically sold as luxury items. The chief disadvantage of a metal money clip is that, due to the inflexibility of the metal, it cannot typically hold large amounts of cash. Depending on the design, it may also be difficult to push the banknotes into the clip.
Carbon fiber money clips are starting to see market acceptance. Using advanced moulding techniques, the high strength and durability of carbon fiber make for ideal qualities. The carbon fiber allows the clamping surfaces to open beyond parallel, without the deformation of normal metal money clips. However, it can be too loose when holding less, so there is a tradeoff. Being non-metallic, they still conduct electrical current (due to the carbon fibers), so they can be picked up by metal detectors (you can test this out with a handheld security metal detector). The softer resin (plastic that bonds the carbon fibers together) means that it get scratched more easily than the tougher surface of metal money clip.
The magnetic money clip is generally made of two strong flat rectangular or round magnets encased in leather, with a small piece of leather separating the two pieces and allowing them to swivel into a closed and open position. There are also clips made of three magnets and two pieces of leather. A magnetic money clip typically has a greater carrying capacity than a metal money clip and the strongest clips are able to hold up to 15 banknotes folded in half. When holding a larger volume of banknotes a magnetic money clip has less clamping force, since the magnets are farther apart compared to when holding just a few banknotes. A metal or carbon fiber clip has inverse properties and the clamping tension gets higher as the clip is stretched open further. Magnetic money clips are not recommended for holding credit cards as the magnets may distort or erase the magnetic strip.
A money clip wallet is a clip designed specifically to hold both credit cards and cash. The conventional money clip wallets are a credit card holder with either a swivel magnetic clip attached to the back side or a solid clip that is bent 6-fold; bent that way the conventional clip will feature three compartments instead of one. [1] Money clip wallets are sometimes known as hybrid money clips.
A magnet is a material or object that produces a magnetic field. This magnetic field is invisible but is responsible for the most notable property of a magnet: a force that pulls on other ferromagnetic materials, such as iron, steel, nickel, cobalt, etc. and attracts or repels other magnets.
In economics, cash is money in the physical form of currency, such as banknotes and coins.
Electromagnetic or magnetic induction is the production of an electromotive force (emf) across an electrical conductor in a changing magnetic field.
A banknote—also called a bill, paper money, or simply a note—is a type of negotiable promissory note, made by a bank or other licensed authority, payable to the bearer on demand. Banknotes were originally issued by commercial banks, which were legally required to redeem the notes for legal tender when presented to the chief cashier of the originating bank. These commercial banknotes only traded at face value in the market served by the issuing bank. Commercial banknotes have primarily been replaced by national banknotes issued by central banks or monetary authorities.
The pedal is the part of a bicycle that the rider pushes with their foot to propel the vehicle. It provides the connection between the cyclist's foot or shoe and the crank allowing the leg to turn the bottom bracket spindle and propel the bicycle's wheels. A pedal usually consists of a spindle that threads into the end of the crank, and a body on which the foot rest is attached, that is free to rotate on bearings with respect to the spindle.
Forge welding (FOW), also called fire welding, is a solid-state welding process that joins two pieces of metal by heating them to a high temperature and then hammering them together. It may also consist of heating and forcing the metals together with presses or other means, creating enough pressure to cause plastic deformation at the weld surfaces. The process is one of the simplest methods of joining metals and has been used since ancient times, being a staple of traditional blacksmithing. Forge welding is versatile, being able to join a host of similar and dissimilar metals. With the invention of electrical welding and gas welding methods during the Industrial Revolution, manual forge-welding has been largely replaced, although automated forge-welding is a common manufacturing process.
Security printing is the field of the printing industry that deals with the printing of items such as banknotes, cheques, passports, tamper-evident labels, security tapes, product authentication, stock certificates, postage stamps and identity cards. The main goal of security printing is to prevent forgery, tampering, or counterfeiting. More recently many of the techniques used to protect these high-value documents have become more available to commercial printers, whether they are using the more traditional offset and flexographic presses or the newer digital platforms. Businesses are protecting their lesser-value documents such as transcripts, coupons and prescription pads by incorporating some of the features listed below to ensure that they cannot be forged or that alteration of the data cannot occur undetected.
A wallet is a flat case or pouch, or a band formally used to wrap celery, often used to carry small personal items such as paper currency, credit cards; identification documents such as driver's license, identification card, club card; photographs, transit pass, business cards and other paper or laminated cards. Wallets are generally made of leather or fabrics, and they are usually pocket-sized and foldable.
A crocodile clip or alligator clip is a plier-like spring-tensioned metal clip with elongated, serrated jaws that is used for creating a temporary electrical connection. This simple mechanical device gets its name from the resemblance of its serrated jaws to the toothed jaws of a crocodile or alligator. It is used to clamp and grab onto a bare electrical cable to an lead on a battery or some other electrical component. Functioning much like a spring-loaded clothespin, the clip's tapered, serrated jaws are forced together by a spring to grip an object. When manufactured for electronics testing and evaluation, one jaw of the clip is typically permanently crimped or soldered to a wire, or is bent to form the inner tubular contact of a ~4 mm (0.16 in) female banana jack, enabling quick non-permanent connection between a circuit under test and laboratory equipment or to another electrical circuit. The clip is typically covered by a plastic shroud or "boot" to prevent accidental short-circuits.
A shim is a thin and often tapered or wedged piece of material, used to fill small gaps or spaces between objects. Shims are typically used in order to support, adjust for better fit, or provide a level surface. Shims may also be used as spacers to fill gaps between parts subject to wear.
A chuck is a specialized type of clamp used to hold an object with radial symmetry, especially a cylinder. In a drill, a mill and a transmission, a chuck holds the rotating tool; in a lathe, it holds the rotating workpiece.
A currency detector or currency validator is a device that determines whether notes or coins are genuine or counterfeit. These devices are used in a wide range of automated machines, such as retail kiosks, supermarket self checkout machines, arcade gaming machines, payphones, launderette washing machines, car park ticket machines, automatic fare collection machines, public transport ticket machines, and vending machines.
A nipple clamp is a type of sex toy that is applied to a person's nipples to pinch them. Varieties of nipple clamp include clothes-pin-style, tweezer and clover. Nipple clamps are used to cause pain in the nipples as part of certain BDSM activities. They are also used to produce erotic stimulation as part of nipple play. In this context they are not primarily used to produce pain but rather to increase nipple sensation. Their use traps blood in the nipples, increasing the sensitivity of the nipple. The sexologist Carol Queen says that "clamps are also very useful for hands-free nipple play".
Payment cards are part of a payment system issued by financial institutions, such as a bank, to a customer that enables its owner to access the funds in the customer's designated bank accounts, or through a credit account and make payments by electronic transfer and access automated teller machines (ATMs). Such cards are known by a variety of names including bank cards, ATM cards, client cards, key cards or cash cards.
A bicycle saddle, often called a bicycle seat, is one of five contact points on an upright bicycle, the others being the two pedals and the two handles on the handlebars. The bicycle saddle has been known as such since the bicycle evolved from the draisine, a forerunner of the bicycle. It performs a similar role as a horse's saddle, not bearing all the weight of the rider as the other contact points also take some of the load.
A card enclosure is a container for smart cards, credit cards, debit cards, telephone cards, visiting cards, business cards and other cards of similar size. Most cards have dimensions that follow the ID-1 format of the ISO/IEC 7810 standard which specify the physical dimensions for cards to be 85.60 × 53.98 mm. The enclosures can be made of metal, leather, or plastic and come in various colors and designs. Sometimes having a laser engraved design for aesthetic purposes.
Leather crafting or simply leathercraft is the practice of making leather into craft objects or works of art, using shaping techniques, coloring techniques or both.
Steam bending is a woodworking technique where wood is exposed to steam to make it pliable. Heat and moisture from steam can soften wood fibres enough so they can be bent and stretched, and when cooled down they will hold their new shape.
Samsung Pay is a mobile payment and digital wallet service by Samsung Electronics that lets users make payments using compatible phones and other Samsung-produced devices. The service supports contactless payments using near-field communications (NFC), but also supports magnetic strip-only payment terminals by incorporating magnetic secure transmission (MST) in devices released before 2021. In India, it also supports bill payments.
A magnetic drilling machine is a portable drilling machine with a magnetic base. It can use twist drill bits, annular cutters, milling cutters, and other rotary cutters. With suitable bits it can also tap threads, ream, and countersink. Its combination of a stable magnetic base and low RPM help resist or reduce torque forces created by large diameter bits. Magnetic drilling machines with reversible motor and variable speed controls can also perform operations like tapping, countersink and reaming. Magnetic drilling machine with cross table base and can also perform light milling.