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Has a head and a tail; sometimes used to make decisions 

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Has a head and a tail; sometimes used to make decisions

Answer

COIN


Definition

A quoin; a corner or external angle; a wedge. See Coigne, and Quoin.
A piece of metal on which certain characters are stamped by government authority, making it legally current as money; -- much used in a collective sense.
That which serves for payment or recompense.
To make of a definite fineness, and convert into coins, as a mass of metal; to mint; to manufacture; as, to coin silver dollars; to coin a medal.
To make or fabricate; to invent; to originate; as, to coin a word.
To acquire rapidly, as money; to make.
To manufacture counterfeit money.