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currency Definition

cur·rency (kʉr′ən sē)

noun pl. -·cies

  1. a continual passing from hand to hand, as of a medium of exchange; circulation
  2. ☆ the money in circulation in any country; often, specif., paper money
  3. common acceptance; general use; prevalence the currency of a pronunciation
  4. Rare the time during which anything is current

Etymology: ML currentia, a current < L currens: see current

currency Synonyms

currency

n.

coin, bank notes, government notes; see money 1.

currency Finance Definition

Money, such as coins or paper, that is used as a medium of exchange.

currency Usage Examples

Converse of object

  • devalue: The losers are the lenders, who are repaid in devalued currency.
  • join: Britain should join a successful single currency, provided the economic conditions are met.
  • depreciate: It allows America to fund its wars and consumption with a depreciating currency.
  • convert: Take into account the cost of converting currency or sending money outside the UK.

Adjective modifier

  • foreign: The export of foreign currency is limited to the amount declared on arrival.
  • recognizable: Shares may be issued in any recognizable currency or in more than one recognizable currency.
  • single: The single currency was the theme of the Nineties.
  • decimal: During the 1960s the Irish government decided to adopt a decimal currency like many of its European neighbors.
  • convertible: MONEY The Ugandan Shilling is a stable, fully convertible currency, fluctuating very little from day to day.
  • European: I simply don't believe that we need to be part of a single European currency to prosper.

Modifies a noun

  • converter: The website provides a free currency converter which will give you the current exchange rate from GBP to your own currency.
  • fluctuation: The problem with currency fluctuations, however, is a classic problem of guessing the future.
  • exchange: Check currency exchange rates on the Exchange Rates website.
  • conversion: Your payment card company will perform any currency conversion.
  • overlay: Paul Skinner agrees that " Currency overlay is the management of the foreign exchange risk inherent in a portfolio of foreign assets.
  • devaluation: The telecommunications infrastructure is poor, and currency devaluation has inflated prices.

Noun used with modifier

  • fiat: How stable is the world of fiat currencies remain to be seen.
  • euro: Support for the euro currency will be available in the FCS release of version 1.2.
  • legacy: Document where you use the legacy currencies in your system.
  • sterling: Calais stores take UK credit cards and many take Sterling currency, albeit at less than the normal rate of exchange.