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Sovznaks (Russian:совзнаки,IPA:[sɐˈvznakʲɪ]) werepromissory notes issued inSoviet Russia in 1919[1] and used during 1919–1924.[citation needed] The name is an abbreviation of the expression "Sovetskiye znaki" (Советские знаки, Soviet tokens), which in its turn was an abbreviation of the official terms (советские казначейские знаки, расчётные знаки РСФСР, денежные знаки РСФСР (СССР) ) used during different periods. They were thede factomoney of the time. The term "token" was aeuphemism for "money", sincecommunism was supposed to abolish money, and sovznaks were considered to be a temporary, transitional instrument.
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