franc[fraŋk; Fr frän]
franc definition by Webster's New World
- the former basic monetary unit of Belgium, France, and Luxembourg, superseded in 2002 by the euro
- the basic monetary unit of:
- Democratic Republic of the Congo
- any of the basic monetary units of various countries formerly ruled by France or Belgium, as Benin, Burundi, Chad, Gabon, Niger, and the Republic of the Congo
Origin: French ; from Classical Latin Francorum rex, king of the French, device on the coin in 1360
franc definition by American Heritage Dictionary
noun Abbr. F or fr.
- See Table at currency.
- The primary unit of currency in Belgium, France, Luxembourg, and Monaco before the adoption of the euro.
Origin: Middle English frank, French gold coin, from Old French franc, from Medieval Latin Francōrum (rēx), (king) of the Franks (from the legend on the first of these coins), genitive pl. of Francus, Frank; see Frank.
franc - Investment & Finance Definition
The former currency of France before it joined the European Monetary Union and adopted the euro. Many West African countries also use their own version of the franc, including Benin, Burkina Faso, Burundi, Cameroon, Central African Republic, Republic of Congo, Chad, Djibouti, Equatorial Guinea (its franc is comprised of centimos), Gabon, Guinea, Guinea-Bissau, Ivory Coast, Madagascar, Mali, Niger, Rwanda, Senegal, and Togo. Martinique and St. Pierre also use the franc. The franc is comprised of 100 centimes. See also Swiss franc.