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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.
currency Quotes

When women breached the power structure in the 1980s†two economies finally merged. Beauty was no longer just a symbolic form of currency: it literally became money.

—Wolf, Naomi

Lenin was right. There is no subtler, no surer means of overturning theexisting basisofsociety thanto debauch the currency. The process engages all the hidden forces ofeconomic lawontheside ofdestruction, and doesit in a manner which not one man in a million is able to diagnose.

—Keynes (of Tilton),John Maynard, 1st Baron

If the husband be a man with whom you have lived on a friendly footing before marriage,öif you did not come inonthewife'sside,öif youdid not sneak intothehouse in her train, but were an old friend in first habits of intimacy before their courtship was so much as thought on,ölook about you† Every long friendship, every old authentic intimacy, must be brought into their office to be new stamped with their currency, as a sovereign Prince calls in the good old money that was coined in some reign before he was born or thought of, to be new marked and minted with the stamp of his authority, before he will let it pass current in the world.

—Lamb, Charles

Now that I am sixty, I see why the idea of elder wisdom has passed from currency.

—Updike,John Hoyer