Wallet
Encyclopedia
A wallet, or billfold, is a small, flat case that is used to carry personal items such as cash
Cash
In common language cash refers to money in the physical form of currency, such as banknotes and coins.In bookkeeping and finance, cash refers to current assets comprising currency or currency equivalents that can be accessed immediately or near-immediately...

, credit cards, identification documents (driver's license
Driver's license
A driver's license/licence , or driving licence is an official document which states that a person may operate a motorized vehicle, such as a motorcycle, car, truck or a bus, on a public roadway. Most U.S...

, identification card, club card, etc), photograph
Photograph
A photograph is an image created by light falling on a light-sensitive surface, usually photographic film or an electronic imager such as a CCD or a CMOS chip. Most photographs are created using a camera, which uses a lens to focus the scene's visible wavelengths of light into a reproduction of...

s, business card
Business card
Business cards are cards bearing business information about a company or individual. They are shared during formal introductions as a convenience and a memory aid. A business card typically includes the giver's name, company affiliation and contact information such as street addresses, telephone...

s and other paper
Paper
Paper is a thin material mainly used for writing upon, printing upon, drawing or for packaging. It is produced by pressing together moist fibers, typically cellulose pulp derived from wood, rags or grasses, and drying them into flexible sheets....

 or laminate
Laminate
A laminate is a material that can be constructed by uniting two or more layers of material together. The process of creating a laminate is lamination, which in common parlance refers to the placing of something between layers of plastic and gluing them with heat and/or pressure, usually with an...

d cards. Wallets are generally made of leather
Leather
Leather is a durable and flexible material created via the tanning of putrescible animal rawhide and skin, primarily cattlehide. It can be produced through different manufacturing processes, ranging from cottage industry to heavy industry.-Forms:...

 or fabric
Textile
A textile or cloth is a flexible woven material consisting of a network of natural or artificial fibres often referred to as thread or yarn. Yarn is produced by spinning raw fibres of wool, flax, cotton, or other material to produce long strands...

s, and they are usually pocket
Pocket
A pocket is a bag- or envelope-like receptacle either fastened to or inserted in an article of clothing to hold small items. Pockets may also be attached to luggage, backpacks, and similar items...

-sized and foldable
Bending
In engineering mechanics, bending characterizes the behavior of a slender structural element subjected to an external load applied perpendicularly to a longitudinal axis of the element. The structural element is assumed to be such that at least one of its dimensions is a small fraction, typically...

.

History

The word "wallet" has been in use since the late fourteenth century to refer to a bag or a knapsack for carrying articles. The word may derive from Proto-Germanic
Proto-Germanic language
Proto-Germanic , or Common Germanic, as it is sometimes known, is the unattested, reconstructed proto-language of all the Germanic languages, such as modern English, Frisian, Dutch, Afrikaans, German, Luxembourgish, Danish, Norwegian, Icelandic, Faroese, and Swedish.The Proto-Germanic language is...

. The ancient Greek word kibisis, said to describe the sack carried by the god Hermes
Hermes
Hermes is the great messenger of the gods in Greek mythology and a guide to the Underworld. Hermes was born on Mount Kyllini in Arcadia. An Olympian god, he is also the patron of boundaries and of the travelers who cross them, of shepherds and cowherds, of the cunning of thieves, of orators and...

 and the sack in which the mythical hero Perseus
Perseus
Perseus ,Perseos and Perseas are not used in English. the legendary founder of Mycenae and of the Perseid dynasty of Danaans there, was the first of the mythic heroes of Greek mythology whose exploits in defeating various archaic monsters provided the founding myths of the Twelve Olympians...

 carried the decapitated head of the monster Medusa
Medusa
In Greek mythology Medusa , " guardian, protectress") was a Gorgon, a chthonic monster, and a daughter of Phorcys and Ceto. The author Hyginus, interposes a generation and gives Medusa another chthonic pair as parents. Gazing directly upon her would turn onlookers to stone...

, has been typically translated as "wallet". Usage of the term "wallet" in its modern meaning of "flat case for carrying paper currency" in American English dates to 1834 but this meaning was one of many in the 19th century and early 20th century.

Ancient Greece

The classicist A. Y. Campbell
A. Y. Campbell
Archibald Young Campbell was a classical scholar, translator, and published poet of the 1920s and 1930s.-Life:Campbell was born at Blantyre, near Hamilton, Lanarkshire, Scotland in 1885, and received his education at Hamilton Academy and Fettes College, in Edinburgh.In 1904 he went up to St...

 set out to answer the question, "What, in ancient literature, are the uses of a wallet?" He deduced, as a Theocritean scholar, that "the wallet was the poor man's portable larder; or, poverty apart, it was a thing that you stocked with provisions." He found that sometimes a man may be eating out of it directly but the most characteristic references allude to its being "replenished as a store", not in the manner of a lunch basket but more as a survival pack.

The Renaissance

As metals became increasingly used as currencies, wallets began taking shape to include coins, and in some cases, statements of accounts.

In recounting the life of the Elizabethan merchant, John Frampton
John Frampton
John Frampton was a 16th century English merchant from the West Country, who settled in Spain, was imprisoned and tortured by the Inquisition, and escaped from Cádiz in 1567...

, Lawrence C. Wroth
Lawrence C. Wroth
Lawrence Counselman Wroth was an American historian and the author of The Colonial Printer, the definitive book on the American printing trade during the period of 1639 through 1800...

 describes the merchant as, "a young English-man of twenty-five years, decently dressed, ..., wearing a sword, and carrying fixed to his belt something he called a 'bowgett' (or budget), that is, a leathern pouch or wallet in which he carried his cash, his book of accounts, and small articles of daily necessity".

19th century

In addition to money or currency, a wallet would also be used for carrying dried meat, victuals, "treasures", and "things not to be exposed". It was considered "semi-civilized" in 19th century America to carry one's wallet on one's belt. Ironically, at this time, carrying goods or a wallet in one's pocket was considered uncivilized and uncommon.

In Spain
Spain
Spain , officially the Kingdom of Spain languages]] under the European Charter for Regional or Minority Languages. In each of these, Spain's official name is as follows:;;;;;;), is a country and member state of the European Union located in southwestern Europe on the Iberian Peninsula...

, a wallet was a case for smoking paraphernalia: "Every man would carry a small sheaf of white paper in addition to a small leather wallet which would contain a flint and steel along with a small quantity of so-called yesca, being a dried vegetable fibre which a spark would instantly ignite."

Present day

The modern bi-fold wallet with multiple "card slots" became standardized in the early 1950s with the introduction of the first credit card
Credit card
A credit card is a small plastic card issued to users as a system of payment. It allows its holder to buy goods and services based on the holder's promise to pay for these goods and services...

s. Some innovations include the introduction of the velcro
Velcro
Velcro is the brand name of the first commercially marketed fabric hook-and-loop fastener, invented in 1948 by the Swiss electrical engineer George de Mestral...

-closure wallet in the 1970s. Pocket-sized wallets remain extremely popular
to this day.

Contemporary examples

Wallets are usually designed to hold banknotes and credit cards and fit into a pocket (or handbag
Handbag
A handbag, or purse in American English, is a handled medium-to-large bag that is often fashionably designed, typically used by women, to hold personal items such as wallet/coins, keys, cosmetics, a hairbrush, pepper spray, cigarettes, mobile phone etc....

). Small cases for securing banknotes which do not have space for credit cards or identification cards may be classified as money clip
Money clip
A money clip is a device typically used to store cash and credit cards in a very compact fashion for those who do not wish to carry a wallet.-Metal :...

s.
  • Breast wallet (also called a "secretary wallet" or "passage wallet"): a wallet in which the banknotes are not folded. They are intended for men's breast pocket in a jacket, or for a handbag
    Handbag
    A handbag, or purse in American English, is a handled medium-to-large bag that is often fashionably designed, typically used by women, to hold personal items such as wallet/coins, keys, cosmetics, a hairbrush, pepper spray, cigarettes, mobile phone etc....

    . Breast wallets will often hold cheques and other monetary documents as they are too large for storage in a pants pocket.
  • Bi-fold wallet: a type of wallet in which the banknotes are folded over once. This has become the "standard" wallet. Credit cards and identification cards may be stored horizontally or vertically.
  • Tri-fold wallet: a wallet with two folds, in which credit cards are generally stored vertically.
  • Front pocket wallet (or money clip): a case with no currency compartment and very few pockets for cards. Usually banknotes are folded and held to the wallet with a metal clip.
  • Long wallet: a larger wallet usually worn with jeans, fastened by a chain, strap, or leather rein. Bills are held flat, and long wallets typically have a coin purse. Popularized by bikers to secure their wallets while riding a motorcycle
    Motorcycle
    A motorcycle is a single-track, two-wheeled motor vehicle. Motorcycles vary considerably depending on the task for which they are designed, such as long distance travel, navigating congested urban traffic, cruising, sport and racing, or off-road conditions.Motorcycles are one of the most...

    , smaller chained wallets became popular in 1970s-80s Punk fashion
    Punk fashion
    Punk fashion is the clothing, hairstyles, cosmetics, jewelry, and body modifications of the punk subculture. Punk fashion varies widely, ranging from Vivienne Westwood designs to styles modeled on bands like The Exploited. The distinct social dress of other subcultures and art movements, including...

     and in the early 1990s with the grunge fashion movement as well as Heavy metal fashion
    Heavy metal fashion
    Heavy metal fashion is the style of dress, body modification, make-up, hairstyle, and so on, taken on by fans of heavy metal, or, as they are often called, metalheads or headbangers.-Origins:...

    . Long wallets are popular with men in cash-based countries like Japan
    Japan
    Japan is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south...

     and often reflect Native American
    Indigenous peoples of the Americas
    The indigenous peoples of the Americas are the pre-Columbian inhabitants of North and South America, their descendants and other ethnic groups who are identified with those peoples. Indigenous peoples are known in Canada as Aboriginal peoples, and in the United States as Native Americans...

     aesthetic influence.
  • Wallet band
    Wallet band
    A wallet band is an elastic band used to secure cards or cash for those who do not wish to carry a bulky wallet or money clip.-Rubber band wallet:The rubber band wallet is exactly what the description says: a rubber band used to secure cards or cash...

    a type of wallet that uses a continuous elastic band, made of fabric or rubber, to secure cards and/or cash. Wallet bands have become increasingly more popular as a way to reduce the bulk of a traditional wallet.
  • Wrist wallet: a type of wallet that can be secured to the wrist, to keep one's hands free.
  • Travel wallet: used by travel
    Travel
    Travel is the movement of people or objects between relatively distant geographical locations. 'Travel' can also include relatively short stays between successive movements.-Etymology:...

    lers to hold essential documentation together, such as passport
    Passport
    A passport is a document, issued by a national government, which certifies, for the purpose of international travel, the identity and nationality of its holder. The elements of identity are name, date of birth, sex, and place of birth....

    s, tickets
    Ticket (admission)
    A ticket is a voucher that indicates that one has paid for admission to an event or establishment such as a theatre, movie theater, amusement park, zoo, museum, concert, or other attraction, or permission to travel on a vehicle such as an airliner, train, bus, or boat, typically because one has...

    , boarding pass
    Boarding pass
    A boarding pass is a document provided by an airline during check-in, giving a passenger permission to board the airplane for a particular flight. As a minimum, it identifies the passenger, the flight number, and the date and scheduled time for departure...

    es, foreign currency, travellers cheques, itinerary, travel insurance
    Travel insurance
    Travel insurance is insurance that is intended to cover medical expenses, financial default of travel suppliers, and other losses incurred while traveling, either within one's own country, or internationally...

    , hotel
    Hotel
    A hotel is an establishment that provides paid lodging on a short-term basis. The provision of basic accommodation, in times past, consisting only of a room with a bed, a cupboard, a small table and a washstand has largely been replaced by rooms with modern facilities, including en-suite bathrooms...

     booking information, and other similar items.
  • ID holder: Thin nylon or leather cases with plastic see-through compartments designed to hold an ID card. Usually worn around the neck, many have extra pockets for holding small items, hence they also function as wallets.
  • Jimi: minimalist wallet constructed of hard plastic.
  • Shoewallet
    Shoewallet
    Shoewallets, also known as shoe wallets, shoepockets, shoe pockets, shoe pouches, shoe pals, go wallets are small pouches that attach to shoes via plastic clips, Velcro or laces directly to or through the shoelaces. They come in various sizes and allow users to carry items such as keys, ID, cash,...

    : a small pouch attached to a shoe
    Shoe
    A shoe is an item of footwear intended to protect and comfort the human foot while doing various activities. Shoes are also used as an item of decoration. The design of shoes has varied enormously through time and from culture to culture, with appearance originally being tied to function...

     to be used as a wallet designed primarily for people exercising
  • Digital wallet
    Digital wallet
    A digital wallet allows users to make electronic commerce transactions quickly and securely.A digital wallet functions much like a physical wallet...

    : A computer file for maintaining digital currency.
  • "Side by side wallet" Divides the contents into two stacks instead of one, so it's half as thick. May be made of very thin fabric. Patented.

Fashion

Most major designers offer seasonal and perennial wallet collections of black and brown leather wallets. Major retailers also sells a wide selection of men's wallets, including branded and house-name wallets.

Regional differences

Some wallets, particularly in Europe where larger coins are prevalent, contain a coin purse compartment. Some wallets have built-in clasps or bands to keep them closed. As European banknotes, such as Euros
Euro banknotes
Euro banknotes are the banknotes of the euro, the currency of the eurozone and have been in circulation since 2002. They are issued by the national central banks of the euro area or the European Central Bank...

 and Pounds, are typically larger than American banknotes
Federal Reserve Note
A Federal Reserve Note is a type of banknote used in the United States of America. Federal Reserve Notes are printed by the United States Bureau of Engraving and Printing on paper made by Crane & Co. of Dalton, Massachusetts. They are the only type of U.S...

in size, they do not fit in some smaller American wallets.
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