managed currency Hear it!

managed currency definition

managed currency

a currency regulated by various governmental agencies through procedures that alter the amount of money in circulation so as to control credit, the price structure, etc.

Webster's New World College Dictionary Copyright © 2005 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.