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currency

/ˈkərənsi/

/ˈkərɛnsi/

Other forms: currencies

Currency is the paper and coin money that a country uses to conduct business. The United States uses a currency that's made up of dollars, quarters, nickels, dimes, and pennies.

Just about every country has its own currency — the money its people use to pay for their groceries, clothes, and other goods. Paper currency in the United States is all green and can confuse people who use bills with different colors for different denominations. In addition to describing a country's monetary system, currency means something that is accepted or used. The slang word "daddy-o" was the currency in the 1950s, but people who say it today can expect to receive strange looks.

Definitions of currency
  1. noun
    the metal or paper medium of exchange that is presently used
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    types:
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    money
    the official currency issued by a government or national bank
    Eurocurrency
    currency of the major financial and industrial countries held in those countries for the purpose of lending and borrowing
    cash, hard cash, hard currency
    money in the form of bills or coins
    hard currency
    a currency that is not likely to depreciate suddenly in value
    folding money, paper currency, paper money
    currency issued by a government or central bank and consisting of printed paper that can circulate as a substitute for specie
    coinage, metal money, mintage, specie
    coins collectively
    sterling
    British money; especially the pound sterling as the basic monetary unit of the UK
    fractional currency
    paper currency in denominations less than the basic monetary unit
    change
    money received in return for its equivalent in a larger denomination or a different currency
    change
    the balance of money received when the amount you tender is greater than the amount due
    chickenfeed, chump change, small change
    a trifling sum of money
    coin
    a flat metal piece (usually a disc) used as money
    fiat money
    money that the government declares to be legal tender although it cannot be converted into standard specie
    Federal Reserve note, bank bill, bank note, banker's bill, banknote, bill, government note, greenback, note
    a piece of paper money (especially one issued by a central bank)
    pin money, pocket money, spending money
    cash for day-to-day spending on incidental expenses
    cold cash, ready cash, ready money
    money in the form of cash that is readily available
    Eurodollar
    a United States dollar deposited in a European bank and used as an international currency to finance trade
    type of:
    medium of exchange, monetary system
    anything that is generally accepted as a standard of value and a measure of wealth in a particular country or region
  2. noun
    the property of belonging to the present time
    “the currency of a slang term”
    synonyms: currentness, up-to-dateness
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    types:
    contemporaneity, contemporaneousness, modernism, modernity, modernness
    the quality of being current or of the present
    type of:
    nowness, presentness
    the quality of being the present
  3. noun
    general acceptance or use
    “the currency of ideas”
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    type of:
    prevalence
    the quality of prevailing generally; being widespread
Pronunciation
US

/ˈkərənsi/

UK

/ˈkərɛnsi/

DISCLAIMER: These example sentences appear in various news sources and books to reflect the usage of the word ‘currency'. Views expressed in the examples do not represent the opinion of Vocabulary.com or its editors. Send us feedback
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