unit of currency

unit of currency
unit of currency UK US noun [C] (plural units of currency)
MONEY, ECONOMICS the money that is used in a particular country: »

The pound sterling is the unit of currency in the UK.

Financial and business terms. 2012.

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Look at other dictionaries:

  • unit of currency — n. monetary unit …   English contemporary dictionary

  • Minor unit of currency —   An ISO term. A unit of recorded value (i.e., as recorded by banks) which is a division of the respective unit of currency. 1n …   International financial encyclopaedia

  • unit of account — unit of currency that is used as a uniform basis for calculating prices …   English contemporary dictionary

  • Currency — For other uses, see Currency (disambiguation). Coins and banknotes are the two most common forms of currency. Pictured are several denominations of the euro …   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

  • currency — 01. European countries now share a common [currency] known as the euro. 02. With the economy failing, the shopkeepers would only accept payment in foreign [currencies]. 03. The value of the Mexican [currency] will probably increase with the… …   Grammatical examples in English

  • Currency —    The former Italian unit of currency was the lira (lire in the plural form). Its origins lie in the monetary reforms of Charlemagne, undertaken between 793 and 794. Twenty soldior 240 denari constituted a lira. By the 13th century, there were… …   Historical Dictionary of modern Italy

  • unit — More than one class of securities traded together ( e.g., one common share and three subscription warrants ). Bloomberg Financial Dictionary Securities representing a portion of assets pooled by investors: run by a management company whose share… …   Financial and business terms

  • unit of measurement — noun any division of quantity accepted as a standard of measurement or exchange the dollar is the United States unit of currency a unit of wheat is a bushel change per unit volume • Syn: ↑unit • Derivationally related forms: ↑unitize ( …   Useful english dictionary

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