funny money

n. 1. Notional `dollar' units of computing time and/or storage handed to students at the beginning of a computer course; also called `play money' or `purple money' (in implicit opposition to real or `green' money). In New Zealand and Germany the odd usage `paper money' has been recorded; in Gremany, the particularly amusing synonym `transfer rouble' commemmorates the worthlessness of the ex-USSR's currency. When your funny money ran out, your account froze and you needed to go to a professor to get more. Fortunately, the plunging cost of timesharing cycles has made this less common. The amounts allocated were almost invariably too small, even for the non-hackers who wanted to slide by with minimum work. In extreme cases, the practice led to small-scale black markets in bootlegged computer accounts. 2. By extension, phantom money or quantity tickets of any kind used as a resource-allocation hack within a system. Antonym `real money'.