Definitions for Currency
ˈkɜr ən si, ˈkʌr-cur·ren·cy

Princeton's WordNetRate this definition:2.5 / 2 votes

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"

WiktionaryRate this definition:0.0 / 0 votes

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 DictionaryRate this definition:0.0 / 0 votes

1. Currencynoun

   Etymology: from current.

   1. Circulation; power of passing from hand to hand.

   The currency of those half-pence would, in the universal opinion of our people, be utterly destructive to this kingdom. Jonathan Swift.

   2. General reception.3. Fluency; readiness of utterance; easiness of pronunciation.4. Continuance; constant flow; uninterrupted course.

   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.

   5. General esteem; the rate at which any thing is vulgarly valued.

   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.

   6. The papers stamped in the English colonies by authority, and passing for money.

WikipediaRate this definition:0.0 / 0 votes

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.

Webster DictionaryRate this definition:0.0 / 0 votes

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.]

WikidataRate this definition:1.0 / 1 vote

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 ContributionRate this definition:0.0 / 0 votes

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 ResourcesRate this definition:0.0 / 0 votes

1. currency

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

Matched Categories

1. • Medium Of Exchange
   • Presentness
   • Prevalence

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?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

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. Chief Executive Officer Jeff Fettig:

   If the( Brazilian) currency stays where it is today, beginning mid-third quarter, we won't have anymore bad currency comparisons, so we would have finally lapped the bad news of last year.

2. President Recep Tayyip Erdogan:

   As long as we don't take our own money as a benchmark, we are doomed to sink. The Turkish lira, our money, that is what we will go forward with. Not with foreign currency, we have been working for some time now to get the Turkish economy out of the spiral of high interest rates, high inflation, and to set it on the path of growth through investment, employment, production, exportation and current account surplus.

3. The Commission:

   This coordination has the effect of eliminating competition among the respondents, as it enabled them to charge an agreed price for a specific amount of currency.

4. Brett Krause:

   It is a key goal of the Chinese reform agenda and one area which is moving most quickly, it is a reflection of China's strong confidence in their currency and the importance placed on global trade.

5. Phil Orlando:

   It is inconceivable to us, with $3.65 trillion in foreign currency reserves, the Chinese government and the PBOC would sit there and watch the second largest economy in the world slide into recession or worse, i don't know if we're completely out of the woods at this point.

Popularity rank by frequency of use

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=Currency
2. ^ Wiktionary
   https://en.wiktionary.org/wiki/Currency
3. ^ Samuel Johnson's Dictionary
   https://johnsonsdictionaryonline.com/views/search.php?term=Currency
4. ^ Wikipedia
   https://en.wikipedia.org/wiki/Currency
5. ^ Webster Dictionary
   https://www.merriam-webster.com/dictionary/Currency
6. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=Currency