Definitions for currencies
cur·ren·cies

WiktionaryRate this definition:0.0 / 0 votes

1. currenciesnoun

   Plural form of currency.

WikipediaRate this definition:0.0 / 0 votes

1. currencies

   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. Currencies

   of Currency

How to pronounce currencies?

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 currencies in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of currencies in Chaldean Numerology is: 8

2. Pythagorean Numerology

   The numerical value of currencies in Pythagorean Numerology is: 7

Examples of currencies in a Sentence

1. Lee Quane:

   In spite of the minor depreciation in the renminbi (yuan) against the dollar over the summer, it has strengthened against most other currencies leading to Shanghai becoming the most expensive Asian city for international assignees, it is likely that major Chinese cities will remain expensive destinations for mobile executives for the foreseeable future.

2. Catherine Tucker:

   The key thing about blockchain technology is that you must have a use case for why you need digital data to be persistent and unchangeable, it makes sense for digital currencies and also health data and insurance data. It makes less sense in industries where the usefulness of data is more temporary.

3. Andrew Slimmon:

   The market is starting to price in anything that is the reverse of the Fed tightening, that has implications for obviously oil, but also currencies that continue to weaken relative to the dollar, which is mainly the commodity oriented currencies and emerging markets.

4. Dan Morris:

   We're going to see this continued high volatility in equities, in fixed income and in currencies, what's driving that, you got monetary policy out of sync globally. U.S. going one way, ECB going another, Swiss going another, Sweden going another.

5. Dominic Bunning:

   The reaction (to Greece) we are seeing on EM currencies is relatively muted. People still believe a deal will get done so they are not treating it as a completely risk-off scenario, the situation has been rolling on for a while and people have been bearish on emerging FX so we are not seeing a real follow through.

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References

1. ^ Wiktionary
   https://en.wiktionary.org/wiki/Currencies
2. ^ Wikipedia
   https://en.wikipedia.org/wiki/Currencies
3. ^ Webster Dictionary
   https://www.merriam-webster.com/dictionary/currencies