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"


  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.


  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.


  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.]


  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?


  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. Med Jones:

    One main reason the US has been able to prevent its currency and economy from collapsing, despite the latest wars, huge debt and massive currency printing, is because the dollar is the de-facto standard for international trade and reserve currency.

  2. Robert W. Sarnoff:

    Finance is the art of passing currency from hand to hand until it finally disappears.

  3. John Maynard Keynes:

    Lenin is said to have declared that the best way to destroy the Capitalistic System was to debauch the currency... Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million can diagnose.

  4. Pyotr Neimyshev:

    It's more or less calm at the moment ... exporters are selling foreign currency, perhaps not entirely of their own free will, we could end the year at around 52-53 rubles per dollar, but after the holidays (Jan. 1-11), I don't rule out that foreign currency will strengthen. I wouldn't leave long positions in the ruble over the holidays.

  5. Thomas Jefferson:

    Information is the currency of democracy.

Popularity rank by frequency of use


Translations for currency

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"currency." Definitions.net. STANDS4 LLC, 2023. Web. 27 Sep. 2023. <https://www.definitions.net/definition/currency>.

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    lighter consisting of a thin piece of wood or cardboard tipped with combustible chemical; ignites with friction
    • A. investigating
    • B. intelligence
    • C. match
    • D. rateables

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