Wallet
From Free net encyclopedia
Image:WalletMpegMan.jpg A wallet is a small (usually pocket-sized) storage device used to keep credit cards, cash, driver's licenses and other such items in one place. Wallets are generally made of leather or fabrics such as PVC.
Wallets are usually associated with men, but many women also carry wallets, usually of a different style to mens - outside of American English wallets for females are generally known as purses. (Purse in American English means what is known elsewhere as a handbag). Men's wallets are usually sized to fit in a pocket, while most women's designs are meant to be carried in a larger bag.
Wallets were developed almost immediately after the introduction of paper currency to the West in the 1600s. (The first paper currency was introduced in the New World by the Massachusetts Bay Colony in 1690.) Prior to the introduction of paper currency, purses (resembling simple drawstring leather pouches) were used for storing coins. Early wallets were made primarily of cow or horse leather and included a small pouch for printed calling cards.
The modern bi-fold wallet with multiple "card slots" achieved its uniform standard size in the early 1950s with the introduction of the first credit cards in 1951. Wallet design remained mostly unchanged throughout most of the late 20th century with the exception of the velcro wallet which was introduced in the 1970s. Today wallet design has exploded into myriad shapes, designs and colors from dozens of designers.
Pickpockets frequently target wallets, so some wallet owners attach them to their belts with small chains or place the wallet in an inside pocket which cannot be easily reached without the owner noticing. Another anti-pickpocket strategy is to replace the traditional leather wallet with one of the newer design thin wallets, effectively concealing the wallets location from would be pickpockets. Some travelers replace wallets with money belts, to further conceal and protect their belongings.
Although a wallet is designed to carry cash, it is more frequently used to carry cards such as credit and debit cards. Many people who prefer carrying cash rather than cards use money clips, which are much smaller and simpler. Hybrid money clips can hold both cash and credit cards.