It is given to taxi drivers who have completed 20 years in the industry.
A medallion, much like a coin, is a round piece of metal with a significant purpose in the world of finance. In the taxi industry, it is a symbol of experience and dedication, awarded to drivers who have spent at least 20 years behind the wheel. This unique token holds immense value, not just in the material sense, but also as a representation of their expertise and commitment to their profession. Let's delve deeper into the significance of the medallion in the world of finance.