What does Currency mean?
Definitions for Currency
ˈkɜr ən si, ˈkʌr-cur·ren·cy
This dictionary definitions page includes all the possible meanings, example usage and translations of the word Currency.
Princeton's WordNet
currencynoun
the metal or paper medium of exchange that is presently used
currencynoun
general acceptance or use
"the currency of ideas"
currentness, currency, up-to-datenessnoun
the property of belonging to the present time
"the currency of a slang term"
Wiktionary
currencynoun
Money or other items used to facilitate transactions.
Wampum was used as a currency by Amerindians.
currencynoun
Paper money.
currencynoun
The state of being current; general acceptance or recognition.
The jargon's currency.
currencynoun
fluency; readiness of utterance
currencynoun
Current value; general estimation; the rate at which anything is generally valued.
Etymology: From currentia, from currens, from currō.
Samuel Johnson's Dictionary
Currencynoun
Etymology: from current.
The currency of those half-pence would, in the universal opinion of our people, be utterly destructive to this kingdom. Jonathan Swift.
The currency of time to establish a custom, ought to be with a continuando from the beginning to the end of the term prescribed. John Ayliffe, Parergon.
He that thinketh Spain to be some great over-match for this estate, assisted as it is, and, may be, is no good mintman, but takes greatness of kingdoms according to their bulk and currency, and not after intrinsick value. Francis Bacon, War with Spain.
Wikipedia
Currency
A currency is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general definition is that a currency is a system of money in common use within a specific environment over time, especially for people in a nation state. Under this definition, the British Pound Sterling (£), euros (€), Japanese yen (¥), and U.S. dollars (US$)) are examples of (government-issued) fiat currencies. Currencies may act as stores of value and be traded between nations in foreign exchange markets, which determine the relative values of the different currencies. Currencies in this sense are either chosen by users or decreed by governments, and each type has limited boundaries of acceptance; i.e., legal tender laws may require a particular unit of account for payments to government agencies. Other definitions of the term "currency" appear in the respective synonymous articles: banknote, coin, and money. This article uses the definition which focuses on the currency systems of countries. One can classify currencies into three monetary systems: fiat money, commodity money, and representative money, depending on what guarantees a currency's value (the economy at large vs. the government's physical metal reserves). Some currencies function as legal tender in certain jurisdictions, or for specific purposes, such as payment to a government (taxes), or government agencies (fees, fines). Others simply get traded for their economic value. Digital currency has arisen with the popularity of computers and the Internet. Whether government-backed digital notes and coins (such as the digital renminbi in China, for example) will be successfully developed and utilized remains dubious. Decentralized digital currencies, such as cryptocurrencies, are different because they are not issued by a government monetary authority; specifically, bitcoin, the first cryptocurrency and leader in terms of market capitalization, has a fixed supply and is therefore ostensibly deflationary. Many warnings issued by various countries note the opportunities that cryptocurrencies create for illegal activities such as scams, ransomware, money laundering and terrorism. In 2014, the United States IRS issued a statement explaining that virtual currency is treated as property for Federal income-tax purposes, and it provide examples of how long-standing tax principles applicable to transactions involving property apply to virtual currency.
ChatGPT
currency
Currency is a medium of exchange for goods and services, present in the form of paper notes and coins, officially issued and circulated by a government or authoritative body. It represents a system of money in common use within a particular country or economic region. In a broader sense, digital currencies or cryptocurrencies can also be considered a form of currency.
Webster Dictionary
Currencynoun
a continued or uninterrupted course or flow like that of a stream; as, the currency of time
Currencynoun
the state or quality of being current; general acceptance or reception; a passing from person to person, or from hand to hand; circulation; as, a report has had a long or general currency; the currency of bank notes
Currencynoun
that which is in circulation, or is given and taken as having or representing value; as, the currency of a country; a specie currency; esp., government or bank notes circulating as a substitute for metallic money
Currencynoun
fluency; readiness of utterance
Currencynoun
current value; general estimation; the rate at which anything is generally valued
Etymology: [Cf. LL. currentia a current, fr. L. currens, p. pr. of currere to run. See Current.]
Wikidata
Currency
A currency in the most specific use of the word refers to money in any form when in actual use or circulation, as a medium of exchange, especially circulating paper money. This use is synonymous with banknotes, or with banknotes plus coins, meaning the physical tokens used for money by a government. A much more general use of the word currency is anything that is used in any circumstances, as a medium of exchange. In this use, "currency" is a synonym for the concept of money. A definition of intermediate generality is that a currency is a system of money in common use, especially in a nation. Under this definition, British pounds, U.S. dollars, and European euros are different types of currency, or currencies. Currencies in this definition need not be physical objects, but as stores of value are subject to trading between nations in foreign exchange markets, which determine the relative values of the different currencies. Currencies in the sense used by foreign exchange markets, are defined by governments, and each type has limited boundaries of acceptance. The former definitions of the term "currency" are discussed in their respective synonymous articles banknote, coin, and money. The latter definition, pertaining to the currency systems of nations, is the topic of this article.
Editors Contribution
currency
A variety of official defined forms of money verified and legislated by a national unity government in partnership with the central bank of their country
Currency varies around the world, there are various types.
Submitted by MaryC on February 24, 2020
Suggested Resources
currency
Song lyrics by currency -- Explore a large variety of song lyrics performed by currency on the Lyrics.com website.
Matched Categories
British National Corpus
Spoken Corpus Frequency
Rank popularity for the word 'Currency' in Spoken Corpus Frequency: #2792
Nouns Frequency
Rank popularity for the word 'Currency' in Nouns Frequency: #1058
Usage in printed sourcesFrom:
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Numerology
Chaldean Numerology
The numerical value of Currency in Chaldean Numerology is: 9
Pythagorean Numerology
The numerical value of Currency in Pythagorean Numerology is: 8
Examples of Currency in a Sentence
I think their recent small devaluation could be the beginning of a larger one, i think they could solve a lot of their problems by letting their currency depreciate. And I think ultimately that's where they're going to end up.
The red line for us is that Libra must not transform into a sovereign currency.
Canada's international transactions in securities reflected relatively volatile investment patterns in recent months, with investors facing changes in oil and stock prices as well as a lower currency exchange rate.
Information is the currency of democracy.
What we could see is pressure on the currency more than anything else.
Popularity rank by frequency of use
References
Translations for Currency
From our Multilingual Translation Dictionary
- geldeenheidAfrikaans
- عُمْلَةٌArabic
- валутаBulgarian
- monedaCatalan, Valencian
- valuta, měnaCzech
- arian breiniolWelsh
- valutaDanish
- WährungGerman
- νόμισμαGreek
- mono, valutoEsperanto
- monedaSpanish
- valuutaEstonian
- پولPersian
- valuuttaFinnish
- numéraire, monnaie, deviseFrench
- airgeadraIrish
- moedaGalician
- מטבעHebrew
- moneta, numerarioInterlingua
- mata uang, valutaIndonesian
- valutaItalian
- 通貨, 貨幣Japanese
- ვალუტაGeorgian
- រូបិយវត្ថុKhmer
- 통화, 通貨, 貨幣, 화폐Korean
- valūtaLatvian
- mata wangMalay
- valutaNorwegian
- munteenheid, valutaDutch
- valutaNorwegian Nynorsk
- béesoNavajo, Navaho
- walutaPolish
- moedaPortuguese
- valutăRomanian
- валютаRussian
- valutaSlovene
- valutaSwedish
- fulusiSwahili
- நாணயTamil
- para birimiTurkish
- ngoại tệ, ngoại hối, tiền tệVietnamese
Get even more translations for Currency »
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"Currency." Definitions.net. STANDS4 LLC, 2024. Web. 5 Nov. 2024. <https://www.definitions.net/definition/Currency>.
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