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- Dictionarycurrency/ˈkʌrənsi/
noun
- 1. a system of money in general use in a particular country: "the dollar was a strong currency" Similar
- 2. the fact or quality of being generally accepted or in use: "the term gained wider currency after the turn of the century" Similar
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Learn the meaning of currency as a noun, with synonyms, examples, and word history. Find out how currency can refer to money, expression, or currentness.
noun. uk / ˈkʌr. ə n.si / us / ˈkɝː. ə n.si / currency noun (MONEY) Add to word list. B1 [ C or U ] the money that is used in a particular country at a particular time: foreign currency. Fewer examples. Take some foreign currency to cover incidentals like the taxi fare to your hotel.
- What Is Currency?
- Understanding Currency
- Money vs. Currency
- Types of Currency
- Currency Trading
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Currency is a medium of exchangefor goods and services. In short, it's money, in the form of paper and coins, usually issued by a government and generally accepted at its face value as a method of payment. Currency is the primary medium of exchange in the modern world, having long ago replaced bartering as a means of trading goods and services. In ...
Currency in some form has been in use for at least 3,000 years. At one time only in the form of coins, currency proved to be crucial to facilitating trade across continents. A key characteristic of modern currency is that it is worthless in itself. That is, bills are pieces of paper rather than coins made of gold, silver, or bronze. The concept of ...
The terms moneyand currency are often thought to mean the same thing. However, while related, they have different meanings. Money is a broader term that refers to an intangible system of value that makes the exchange of goods and services possible, now and in the future. Currency is simply one, tangible form of money. Money is used in a variety of ...
The United States Mint defines currency as money in the form of paper and coins that's used as a medium of exchange.Currencies are created and distributed by individual countries around the world. U.S. currency in paper form is issued by the Bureau of Engraving and Printing as $1, $2, $5, $10, $20, $50, and $100 bills. The $500, $1,000, $5,000, and...
The exchange rateis the current value of any currency relative to another currency. As a result, rates are quoted for currency pairs, such as the EUR/USD (euro to U.S. dollar). Exchange rates fluctuate constantly in response to economic and political events. These fluctuations create the market for currency trading. The foreign exchange market wher...
Currency is a medium of exchange for goods and services, usually issued by a government and accepted at its face value. Learn about the different types of currency, such as paper, coins, and cryptocurrency, and how they are traded in the foreign exchange market.
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.
noun. a metal or paper medium of exchange that is in current use in a particular country. general acceptance or circulation; prevalence. the currency of ideas. the period of time during which something is valid, accepted, or in force. the act of being passed from person to person.
CURRENCY definition: 1. the units of money used in a particular country: 2. a situation in which an idea is believed or…. Learn more.
Definition of currency noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
