Answer the following question: Information: - Karabakh ("Gharabagh" or , "Artsakh") is a geographic region in present-day eastern Armenia and southwestern Azerbaijan, extending from the highlands of the Lesser Caucasus down to the lowlands between the rivers Kura and Aras. It includes three regions: Highland Karabakh (historical Artsakh, present-day Nagorno-Karabakh), Lowland Karabakh (the southern Kura-steppes), and a part of Syunik. - The dram (sign: ; code: AMD) is the monetary unit of Armenia. It is subdivided into 100 luma. The word "dram" translates into English as "money" and is cognate with the Greek drachma and the Arabic dirham. The first instance of a dram currency was in the period from 1199 to 1375, when silver coins called dram were issued. - Nagorno-Karabakh, officially the Nagorno-Karabakh Republic (NKR; "Lernayin Gharabaghi Hanrapetut'yun"), Artsakh Republic or Republic of Artsakh ("Arts'akhi Hanrapetut'yun"), is an unrecognised republic in the South Caucasus. The region is considered by the UN to be part of Azerbaijan, but is under the control of ethnic Armenian separatists. The NKR controls most of the territory of the former Nagorno-Karabakh Autonomous Oblast and some of the surrounding area, giving it a border with Armenia to the west, Iran to the south, and the uncontested territory of Azerbaijan to the north and east. - A cheque (or check in American English) is a document that orders a bank to pay a specific amount of money from a person's account to the person in whose name the cheque has been issued. The person writing the cheque, the "drawer", has a transaction banking account (often called a current, cheque, chequing or checking account) where their money is held. The drawer writes the various details including the monetary amount, date, and a payee on the cheque, and signs it, ordering their bank, known as the "drawee", to pay that person or company the amount of money stated. - The Nagorno - Karabakh dram is a monetary unit of the de facto Nagorno - Karabakh Republic . Although it is legal tender , it is not as widely used as the Armenian dram . 2 and 10 dram banknotes have been issued , bearing the date 2004 and printed by Osterreichische Staatsdruckerei ( Austria State Printing House ) . Five different coins have also been issued , all also dated 2004 . They are two aluminum 50 luma coins featuring a horse and a leaping antelope , three aluminum 1 dram coins featuring a wildcat , a pheasant and St. Gregory the illuminator , and two aluminum - bronze 5 dram coins featuring the cathedral in the town of Shushi and the Stone Head Monument . A new series of coins was issued in 2013 , and consists of two 50 luma coins featuring a horse and antelope , three 1 dram coins depicting a leopard , wolf and pheasant and two five dram coins showing a bear and a capricorn . - Dirham, dirhem or dirhm () is a unit of currency in several Arab states and formerly, the related unit of mass (the Ottoman dram) in the Ottoman Empire and Persian states. The name derives from the ancient Greek currency the drachma. - The Caucasus or Caucasia is a region at the border of Europe and Asia, situated between the Black and the Caspian seas. - The Nagorno-Karabakh Autonomous Oblast ("Lernayin arabai Inknavar Marz, LIM") was an autonomous oblast within the borders of the Azerbaijan Soviet Socialist Republic, mostly inhabited by ethnic Armenians. According to Robert Service, in 1921 Joseph Stalin, then acting Commissar of Nationalities for the Soviet Union, included Nakhichevan Autonomous Soviet Socialist Republic and Karabakh under Azerbaijani control to try to placate Turkey to join the Soviet Union. Had Turkey not been an issue, Stalin would probably have left Karabakh under Armenian control. As a result, the Nagorno-Karabakh Autonomous Oblast was established with the Azerbaijan Soviet Socialist Republic on July 7, 1923. According to Karl R. DeRouen it was created as an enclave so that a narrow strip of land would separate it from Armenia proper. According to Audrey L. Altstadt, the borders of the "oblast" were drawn to include Armenian villages and to exclude as much as possible Azerbaijani villages, so that the resulting area was sure to have an Armenian majority. - Nagorno-Karabakh is a landlocked region in the South Caucasus, lying between Lower Karabakh and Zangezur and covering the southeastern range of the Lesser Caucasus mountains. The region is mostly mountainous and forested. - The verb license or grant license means to give permission. The noun licence (British, Indian, Canadian, Australian, New Zealand, Irish, or South African English) or license (American English) refers to that permission as well as to the document recording that permission. - A coin is a small, flat, round piece of metal or plastic used primarily as a medium of exchange or legal tender. They are standardized in weight, and produced in large quantities at a mint in order to facilitate trade. They are most often issued by a government. - A financial transaction is an agreement, communication, or movement carried out between a buyer and a seller to exchange an asset for payment. It involves a change in the status of the finances of two or more businesses or individuals. The buyer and seller are separate entities or objects, often involving the exchange of items of value, such as information, goods, services, and money. It is still a transaction if the goods are exchanged at one time, and the money at another. This is known as a two-part transaction: part one is giving the money, part two is receiving the goods. - Jurisdiction (from the Latin "ius, " meaning "law" and "" meaning "to speak") is the practical authority granted to a legal body to administer justice within a defined area of responsibility, e.g., Michigan tax law. In the federations like USA, areas of jurisdiction apply to local, state, and federal levels; e.g. the court has jurisdiction to apply federal law. - Legal tender is a medium of payment recognized by a legal system to be valid for meeting a financial obligation. Paper currency and coins are common forms of legal tender in many countries. Legal tender is variously defined in different jurisdictions. Formally, it is anything which when offered in payment extinguishes the debt. Thus, personal cheques, credit cards, and similar non-cash methods of payment are not usually legal tender. The law does not relieve the debt obligation until payment is tendered. Coins and banknotes are usually defined as legal tender. Some jurisdictions may forbid or restrict payment made other than by legal tender. For example, such a law might outlaw the use of foreign coins and bank notes or require a license to perform financial transactions in a foreign currency. - Iran (, also , ; ' ), also known as Persia, officially the Islamic Republic of Iran (' ), is a sovereign state in Western Asia. It is bordered to the northwest by Armenia, the "de facto" Nagorno-Karabakh Republic, and Azerbaijan; to the north by the Caspian Sea; to the northeast by Turkmenistan; to the east by Afghanistan and Pakistan; to the south by the Persian Gulf and the Gulf of Oman; and to the west by Turkey and Iraq. Comprising a land area of , it is the second-largest country in the Middle East and the 18th-largest in the world. With 82.8 million inhabitants, Iran is the world's 17th-most-populous country. It is the only country with both a Caspian Sea and an Indian Ocean coastline. The country's central location in Eurasia and Western Asia, and its proximity to the Strait of Hormuz, make it of great geostrategic importance. Tehran is the country's capital and largest city, as well as its leading economic center. - Azerbaijan, officially the Republic of Azerbaijan, is a country in the South Caucasus region, situated at the crossroads of Southwest Asia and Southeastern Europe. It is bounded by the Caspian Sea to the east, Russia to the north, Georgia to the northwest, Armenia to the west and Iran to the south. The exclave of Nakhchivan is bounded by Armenia to the north and east, Iran to the south and west, while having an 8km border with Turkey in the north west. - A credit card is a payment card issued to users (cardholders) to enable the cardholder to pay a merchant for goods and services, based on the cardholder's promise to the card issuer to pay them for the amounts so paid plus other agreed charges. The card issuer (usually a bank) creates a revolving account and grants a line of credit to the cardholder, from which the cardholder can borrow money for payment to a merchant or as a cash advance. - Armenia ( tr. "Hayastan"), officially the Republic of Armenia (tr. "Hayastani Hanrapetutyun"), is a sovereign state in the South Caucasus region of Eurasia. Located in Western Asia on the "Armenian Highlands", it is bordered by Turkey to the west, Russia and Georgia to the north and Azerbaijan to the east, and Iran and Azerbaijan's exclave of Nakhchivan to the south. - A banknote (often known as a bill, paper money, or simply a note) is a type of negotiable instrument known as a promissory note, made by a bank, payable to the bearer on demand. Banknotes were originally issued by commercial banks, who were legally required to redeem the notes for legal tender (usually gold or silver coin) when presented to the chief cashier of the originating bank. These commercial banknotes only traded at face value in the market served by the issuing bank. Commercial banknotes have primarily been replaced by national banknotes issued by central banks. - A currency (from , "in circulation", from ) in the most specific use of the word refers to money in any form when in actual use or circulation as a medium of exchange, especially circulating banknotes and coins. A more general definition is that a currency is a "system of money" (monetary units) in common use, especially in a nation. Under this definition, US dollars, British pounds, Australian dollars, and European euros are examples of currency. These various currencies are recognized stores of value and are traded between nations in foreign exchange markets, which determine the relative values of the different currencies. Currencies in this sense are defined by governments, and each type has limited boundaries of acceptance. - A payment is the transfer of an item of value from one party (such as a person or company) to another in exchange for the provision of goods, services or both, or to fulfill a legal obligation. In law, the payer is the party making a payment while the payee is the party receiving the payment. In trade, payments are frequently preceded by an invoice or bill. Given the information, choose the subject and object entities that have the relation of 'instance of'.
Answer:
nagorno-karabakh dram , currency