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

  1. currencynoun

    the metal or paper medium of exchange that is presently used

  2. currencynoun

    general acceptance or use

    "the currency of ideas"

  3. currentness, currency, up-to-datenessnoun

    the property of belonging to the present time

    "the currency of a slang term"

Wiktionary

  1. currencynoun

    Money or other items used to facilitate transactions.

    Wampum was used as a currency by Amerindians.

  2. currencynoun

    Paper money.

  3. currencynoun

    The state of being current; general acceptance or recognition.

    The jargon's currency.

  4. currencynoun

    fluency; readiness of utterance

  5. currencynoun

    Current value; general estimation; the rate at which anything is generally valued.

  6. Etymology: From currentia, from currens, from currō.

Samuel Johnson's Dictionary

  1. 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

  1. 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

  1. 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

  1. Currencynoun

    a continued or uninterrupted course or flow like that of a stream; as, the currency of time

  2. 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

  3. 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

  4. Currencynoun

    fluency; readiness of utterance

  5. Currencynoun

    current value; general estimation; the rate at which anything is generally valued

  6. Etymology: [Cf. LL. currentia a current, fr. L. currens, p. pr. of currere to run. See Current.]

Wikidata

  1. 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

  1. 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

  1. currency

    Song lyrics by currency -- Explore a large variety of song lyrics performed by currency on the Lyrics.com website.

British National Corpus

  1. Spoken Corpus Frequency

    Rank popularity for the word 'Currency' in Spoken Corpus Frequency: #2792

  2. Nouns Frequency

    Rank popularity for the word 'Currency' in Nouns Frequency: #1058

How to pronounce Currency?

How to say Currency in sign language?

Numerology

  1. Chaldean Numerology

    The numerical value of Currency in Chaldean Numerology is: 9

  2. Pythagorean Numerology

    The numerical value of Currency in Pythagorean Numerology is: 8

Examples of Currency in a Sentence

  1. Todd Rosenbluth:

    Based on the names and country profiles, it should seem they are offering you the same exposure, but they track different indices, their country exposure is going to be different, and that exposure difference helps explain why they perform differently. So far, the discrepancy has helped The Vanguard fund, Todd Rosenbluth said, although both funds have taken a hit since the end of June, when the Shanghai Composite Index. SSEC started falling. Since then, The Vanguard fund has lost 11.65 percent, while the iShares fund has fallen 12.45 percent. Year to date, The Vanguard fund is down 6.97 percent, and the iShares fund is down 8.89 percent. Chinese shares have been falling on fears that the nation's economy may slow well beyond the 7 percent growth rate that analysts had earlier suggested would be a bottom for that market. China has moved to weaken its currency to bolster its economy and share prices. The difference between the two funds is expected to widen because the two different indexes they follow will be treating Chinese stocks differently. Financial Times Stock Exchange, the Financial Times Stock Exchange, plans to begin adding onshore Chinese equities, known as A-shares, to Financial Times Stock Exchange broad emerging markets indexes, which Vanguard follows. The Vanguard benchmark, the FTSE Emerging Index, now has approximately 26 percent exposure to China, according to the mutual fund company. In June, Vanguard said it would begin shifting to a new Financial Times Stock Exchange index later this year. The new index will have a 29 percent exposure to China, including a 5.6 percent exposure to A-shares. MSCI Inc( MSCI.N), however, said in June that it was not ready to include the A-shares in its two emerging market indexes.

  2. The FBI:

    The scammer threatens to reveal the information to the recipient’s spouse, family and friends, and demands payment in exchange for secrecy. In an effort to avoid detection, the scammer often insists on being paid in bitcoin, a virtual currency that is legitimate but difficult to track.

  3. Mohamed El-Erian:

    Countries are pursuing their domestic objectives almost regardless of the international consequences, you see this most clearly on the currency front, where with the exception of the United States, the vast majority of countries are hoping to weaken their currencies. I would put the Bank of Japan action in that category.

  4. Vakhid Akhmedov:

    A Formula One race will improve our country's image. When we took an obligation to host this event two years ago, we could not forecast such a sharp decline in the oil price, but Azerbaijan has enough currency reserves and I don't think there is anything bad about spending some of this money on such an important project.

  5. Agriculture Minister Alexander Tkachev:

    Fish are our hard-currency export, our grain, oil and gas, our national heritage.

Popularity rank by frequency of use

Currency#1#1912#10000

Translations for Currency

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"Currency." Definitions.net. STANDS4 LLC, 2024. Web. 29 Mar. 2024. <https://www.definitions.net/definition/Currency>.

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