decimal currency

decimal currency
decimal currency decimal currency currency

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decimal currency UK US noun [C or U]
MONEY a currency that can be divided into smaller units by dividing by ten or a hundred. For example, in the US a dollar is divided into a hundred cents.

Financial and business terms. 2012.

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Look at other dictionaries:

  • decimal currency — noun One in which the basic unit is divided into ten (or a multiple of ten) parts • • • Main Entry: ↑decimal …   Useful english dictionary

  • decimal currency — A currency system in which the standard unit is subdivided into 100 parts. Following the example of the USA in 1792, most countries have introduced a decimal system. However, it was not until 15 February, 1971 that decimalization was introduced… …   Big dictionary of business and management

  • decimal currency — /dɛsəməl ˈkʌrənsi/ (say desuhmuhl kuruhnsee) noun 1. the monetary system introduced into Australia in 1966, consisting of 100 cents to the dollar, replacing pounds, shillings and pence as the units of currency. 2. any similar monetary system …  

  • Non-decimal currency — A non decimal currency is a currency which has sub units that are a non decimal fraction of the main unit, i.e. the number of sub units in a main unit is not a power of 10. Contents 1 Contemporary non decimal currencies 2 Historic non decimal… …   Wikipedia

  • Currency Act 1982 — Parliament of the United Kingdom Long title An Act to replace section 1(1) of the Decimal Currency Act 1967 so as to sanction references to the new penny as the penny …   Wikipedia

  • Decimal system — may refer to: The decimal (base ten) number system, used in mathematics for writing numbers and performing arithmetic. The Dewey Decimal System, a subject classification system used in libraries. The decimal currency system, where each unit of… …   Wikipedia

  • Decimal Day — An introductory pack of the new currency. Decimal Day (15 February 1971) was the day the United Kingdom and Ireland decimalised their currencies. Contents 1 …   Wikipedia

  • Currency — Money. The New York Times Financial Glossary * * * currency cur‧ren‧cy [ˈkʌrənsi ǁ ˈkɜːr ] written abbreviation cur noun currencies PLURALFORM FINANCE 1. [counta …   Financial and business terms

  • currency — money. Bloomberg Financial Dictionary The currency that the security is traded in. London Stock Exchange Glossary * * * currency cur‧ren‧cy [ˈkʌrənsi ǁ ˈkɜːr ] written abbreviation cur noun currencies PLURALFORM …   Financial and business terms

  • decimal — 1 adjective a decimal system is based on the number 10: decimal currency 2 noun (C) technical a fraction (=a number less than one) that is shown as a full stop followed by the number of tenths, then the number of hundredths etc, as in the numbers …   Longman dictionary of contemporary English

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