Difference between revisions of "Federation Credit"
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The '''Federation credit''' is the monetary unit of the [[United Federation of Planets]]. | The '''Federation credit''' is the monetary unit of the [[United Federation of Planets]]. | ||
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| − | + | As of the [[23rd century]], the Federation abandoned the normal use of money, favoring a philosophy of self-enhancement for all. | |
| − | + | Despite this, the Federation retained a currency based economic system, involving the use of computer-based "Credits". | |
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| − | In the early 25th century, [[Star Fleet]] officers were paid in Federation Credits on a monthly basis. The [[Star Fleet Pay Scale|Pay Scale | + | By the [[24th century]], the majority of non-Federation worlds in the [[Alpha Quadrant|Alpha]] and [[Beta Quadrant]]s adopted a monetary system backed by Gold-Pressed [[Latinum]]. |
| + | * In the [[24th century]], some establishments would not accept Federation Credits. | ||
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| + | In the early [[25th century]], [[Star Fleet]] officers were paid in Federation Credits on a monthly basis. The [[Star Fleet Pay Scale|Pay Scale can be found '''here''']]. The Federation government has also adopted an exchange rate between Credits and [[Latinum]], so as to further encourage free trade between member and non-member worlds. | ||
| + | * As of [[2418]], the current exchange rate is: <br> 1 Credit = 1 Slip <br> 100 Credits = 1 Strip <br> 1,000 Credits = 1 Bar | ||
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| + | This is not necessarily an equal exchange rate, and the [[Ferengi]] justify it by claiming 'service fees'. | ||
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==Mentions== | ==Mentions== | ||
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* In [[2267]], [[Nyota Uhura|Uhura]] offered to purchase a [[tribble]] for ten credits. | * In [[2267]], [[Nyota Uhura|Uhura]] offered to purchase a [[tribble]] for ten credits. | ||
| − | + | * In [[2364]], [[Beverly Crusher]] bought a roll of cloth and had her account on the [[USS Enterprise-D]] billed. | |
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| − | * In [[2364]], [[Beverly Crusher]] bought a roll of cloth and had her account on the USS Enterprise billed. | ||
* The [[Federation]] would have paid 1.5 million Federation credits as a lump sum and then 100,000 credits every [[Barzan]]ian year for the rights to the [[Barzan wormhole]]. | * The [[Federation]] would have paid 1.5 million Federation credits as a lump sum and then 100,000 credits every [[Barzan]]ian year for the rights to the [[Barzan wormhole]]. | ||
* [[Quark]] accepted credits in his bar when doing business with Federation citizens. | * [[Quark]] accepted credits in his bar when doing business with Federation citizens. | ||
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| + | <br> | ||
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| + | [[category:intelligence]] | ||
| + | [[Category:United Federation of Planets]] | ||
Latest revision as of 13:19, 20 May 2022
The Federation credit is the monetary unit of the United Federation of Planets.
As of the 23rd century, the Federation abandoned the normal use of money, favoring a philosophy of self-enhancement for all.
Despite this, the Federation retained a currency based economic system, involving the use of computer-based "Credits".
By the 24th century, the majority of non-Federation worlds in the Alpha and Beta Quadrants adopted a monetary system backed by Gold-Pressed Latinum.
- In the 24th century, some establishments would not accept Federation Credits.
In the early 25th century, Star Fleet officers were paid in Federation Credits on a monthly basis. The Pay Scale can be found here. The Federation government has also adopted an exchange rate between Credits and Latinum, so as to further encourage free trade between member and non-member worlds.
- As of 2418, the current exchange rate is:
1 Credit = 1 Slip
100 Credits = 1 Strip
1,000 Credits = 1 Bar
This is not necessarily an equal exchange rate, and the Ferengi justify it by claiming 'service fees'.
Mentions
- James T. Kirk stated that the Federation Star Fleet had a lot invested in both him and Commander Spock. In fact, Star Fleet had 122,200 plus credits invested in Spock by the end of 2267.
- In 2364, Beverly Crusher bought a roll of cloth and had her account on the USS Enterprise-D billed.
- The Federation would have paid 1.5 million Federation credits as a lump sum and then 100,000 credits every Barzanian year for the rights to the Barzan wormhole.
- Quark accepted credits in his bar when doing business with Federation citizens.
