What does united states dollar mean?

Definitions for united states dollar
unit·ed states dol·lar

This dictionary definitions page includes all the possible meanings, example usage and translations of the word united states dollar.

Princeton's WordNet

  1. United States dollarnoun

    the basic unit of money in the United States

Wikipedia

  1. United States dollar

    The United States dollar (symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color. The monetary policy of the United States is conducted by the Federal Reserve System, which acts as the nation's central bank. The U.S. dollar was originally defined under a bimetallic standard of 371.25 grains (24.057 g) (0.7735 troy ounces) fine silver or, from 1837, 23.22 grains (1.505 g) fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, its equivalence to gold was revised to $35 per troy ounce. Since 1971, all links to gold have been repealed.The U.S. dollar became an important international reserve currency after the First World War, and displaced the pound sterling as the world's primary reserve currency by the Bretton Woods Agreement towards the end of the Second World War. The dollar is the most widely used currency in international transactions, and a free-floating currency. It is also the official currency in several countries and the de facto currency in many others, with Federal Reserve Notes (and, in a few cases, U.S. coins) used in circulation. As of February 10, 2021, currency in circulation amounted to US$2.10 trillion, $2.05 trillion of which is in Federal Reserve Notes (the remaining $50 billion is in the form of coins and older-style United States Notes).

ChatGPT

  1. united states dollar

    The United States dollar, denoted by USD or $, is the official currency of the United States. It is issued and managed by the Federal Reserve, the country's central bank. The currency is divided into 100 smaller units known as cents. The United States dollar is one of the most traded and globally accepted currencies and also serves as a benchmark for many commodity goods such as gold and oil.

Wikidata

  1. United States dollar

    The United States dollar, also referred to as the U.S. dollar or American dollar, is the official currency of the United States and its overseas territories. It is divided into 100 smaller units called cents. The U.S. dollar is the currency most used in international transactions and is one of the world's dominant reserve currencies. Several countries use it as their official currency, and in many others it is the de facto currency. It is also used as the sole currency in two British Overseas Territories, the British Virgin Islands and the Turks and Caicos islands.

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Numerology

  1. Chaldean Numerology

    The numerical value of united states dollar in Chaldean Numerology is: 2

  2. Pythagorean Numerology

    The numerical value of united states dollar in Pythagorean Numerology is: 3

Examples of united states dollar in a Sentence

  1. Erica Rannestad:

    While the falling platinum price has been a major contributor to higher platinum jewelry imports, it should also be noted that lower platinum jewelry retail prices, a stronger United States dollar, a falling platinum-gold price ratio, and higher disposable incomes per capita have pushed imports and demand higher.

  2. Phil Toews:

    I doubt there will be much further erosion in The United States dollar. I expect stabilization.

  3. Erica Rannestad:

    The United States continued to import large volumes of gold jewelry in October, gold prices averaged 25 percent lower that month than a year earlier, buoying demand for jewelry made with gold amid a strong United States dollar.

  4. United States:

    Emerging markets finally have some breathing space to rally. They could really outperform because of currency moves, since investors now think the United States dollar will fall further.

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"united states dollar." Definitions.net. STANDS4 LLC, 2024. Web. 24 Apr. 2024. <https://www.definitions.net/definition/united+states+dollar>.

Discuss these united states dollar definitions with the community:

1 Comment
  • Gary Hardee
    Gary Hardee
    Coinage Act of 1792, signed into law by President Washington, put into effect the monetary system the Founders had previously outlined in the Constitution.
    The US Dollar is a 1/20th of a minted and coined to a standard weight and measure of a $20 Dollar gold piece, or gold coin weighing one ounce. Therefore, One US Dollar, by definition, is 1/20th an ounce of gold.
    It is vitallly inportant to understand that it is not the value of an ounce of gold that is "going up"! The value of all the Dollars in circulation is going down due to massive and growing credit expansion, printing of incredible sums of "money"(unbacked paper currency) and stealing value from all dollars previously in circulation.
    For instance, a one ounce $20 gold coin will buy you about the came things in 1820 as $1,500 fiat currency bills would buy today or simply, a one ounce gold coin today.
    The word "Dollar" may be printed on every US Dollar bill but the original relationship to precious metals was 1/20th of an ounce of gold, or an equivalent value in silver.

    Two links to deepen one's knowledge on this subject.
    https://youtu.be/iQIWcrDDexE
    https://www.constitution.org/mon/what_is_a_dollar.htm
     
    LikeReply4 years ago

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