what is a rack of money

1 year ago 66
Nature

A rack of money is a term used to refer to a specific amount of cash that varies depending on the context and the currency being used. In the US, a rack usually refers to $1,000 in the form of ten $100 bills that have been banded together. However, a rack can also refer to large amounts of money in $10,000 increments. The term "rack" is often used in popular culture, particularly in hip-hop music, to refer to a thousand dollars. For example, if someone says, "I need about three racks to put down on a car," they mean they need $3,000. The term "rack" can also be used to refer to a wad of cash in general.