Medallion in a sentence as a noun

Want to rent your medallion to someone else?

It's not like in NY where you pay a million USD for a medallion.

All you have to go on is that it looks like a taxi, and has a medallion.

As the plate went up in the air I saw it wobble, and I noticed the red medallion of Cornell on the plate going around.

This is not like, say, Uber and New York City, where you have to spend a million bucks on a taxi medallion or they'll shut you down.

I discovered that when the angle is very slight, the medallion rotates twice as fast as the wobble ratetwo to one.

It would be better for everyone if the medallion system switched over to a yearly taxation/bidding system.

There was an article on here a while back about how the medallion system in NYC is making both sides lose out... anyone remember it/have the link?

The law that's being broken is saying "I want a car now" when the law says you have to say "I want a car in one hour" or otherwise hail a medallion vehicle.

At the disadvantage of not being able to pick up street hails, they do not require a medallion, and operate under different terms than a taxi.

"Now there is a group of investors that are very well connected in city politics that own the medallions, so nobody can even think about changing the system.

Yes, the taxi medallion system was broken in many cities and Uber is forcing to at least acknowledge that regulation in it's current form it's not longer useful.

I discover that when the angle is very slight, the medallion rotates twice as fast as the wobble rate - two to one [Note: Feynman mis-remembers here---the factor of 2 is the other way].

The purpose of a taxi medallion is to limit the total number of taxis, and the purpose of a liquor license is to limit the number of establishments that sell liquor.

" But if you were willing to license every person who passes those tests and pays that fee, without regard for how many people have already passed the tests and paid the fee, you aren't operating a traditional medallion system.

The market for cabs is very much unlike the market in the US - there's not a single huge company owning all the cabs in Berlin and a medallion does not cost a million EUR. Service has been pretty ok for me so far and I use a lot of cabs, so I actually don't see much of an upside but I do see a lot of potential downsides, not that much for me who could easily afford a surge pricing but for people that maybe can't and have to rely on regular cabs.

God knows why these cities initiated the system back in the 30s, but they probably did it at the behest of the cab owners - back then medallions were cheap and cab owners just assumed they would own their own medallion and use it to protect themselves from "excessive competition.

Medallion definitions

noun

any of various large ancient Greek coins

noun

a circular helping of food (especially a boneless cut of meat); "medallions of veal"

noun

an emblem indicating that a taxicab is registered

noun

an award for winning a championship or commemorating some other event

See also: decoration medal palm ribbon