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 Germany, the particularly amusing synonym transfer ruble
   commemorates the funny money used for trade between COMECON countries
   back  when  the  Soviet Bloc still existed. 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.

[glossary]