currency defined
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What is 'Currency' What is 'Currency'. Currency is a generally accepted form of money, including coins and paper notes, which is issued by a government and circulated within an economy. Used as a medium of exchange for goods and services, currency is the basis for trade. Generally speaking, each country has its own currency.
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- Editors Contribution(0.00 / 0 votes)Rate this definition: Currency symbol. A symbol that represents a currency in a foreign exchange transaction. Common currency symbols include $ (U.S. dollar), € (Euro), £ (British Pound), and ¥ (Japanese Yen).
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Alternative names for testosterone Alternative names for testosterone. Testo (brand name for testosterone formulations); 4-androsten-17β-ol-3-one. Testosterone is produced by the gonads (by the Leydig cells in testes in men and by the ovaries in women), although small quantities are also produced by the adrenal glands in both sexes. It is an androgen, meaning that it stimulates the development of male characteristics.
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foreign currency Definition. the currency (i.e. money) of another country. A foreign currency account is a bank account in the currency of another country (e.g. a dollar account in the UK).he currency (i.e. money) of another country. A foreign currency account is a bank account in the currency of another country (e.g. a dollar account in the UK).
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- DEFINITION of 'Functional Currency'. The primary type of money that a company uses in its business activities.Often a company's functional currency is the same as that of the nation in which it is headquartered, though this is not necessarily the case.The functional currency is most relevant for multinational corporations that conduct business in multiple currencies.or example, a Canadian company with the bulk of its operations in the United States would consider the U.S. dollar its functional currency, even if financial figures on its balance sheet and income statement are expressed in terms of Canadian Dollars.
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- DEFINITION of 'Reporting Currency'. The currency which is used for an entity's financial statements. The reporting currency in financial statements and other financial reports are easiest to understand when they are compiled using only one currency.
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DEFINITION of 'Currency Union' A group of countries (or regions) using a common currency. For example, in 1979, eight European countries created the European Monetary System (EMS). This system consisted of mutually fixed exchange rates between these countries.
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What does currency mean? Depends on what type of currency definition your asking for... 1.if it regards Money) currency means the metal or paper medium of exchange that is presently used.2.(if its the currency of ideas) currency means the general acceptance or use).mrs miller · 6 years ago.epends on what type of currency definition your asking for... 1.if it regards Money) currency means the metal or paper medium of exchange that is presently used.
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Definition of 'euro' countable noun. The euro is a unit of money that is used by the member countries of the European Union which have accepted European monetary union. It is represented by the symbol <>. A euro is divided into one hundred smaller units called cents. Millions of words have been written about the introduction of the euro.
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A Beginner's Guide to Defining What Money Is Answer: The Economics Glossary defines money as: 1  Money is a good that acts as a medium of exchange in transactions. 2  Classically it is said that money acts as a unit of account, a store of value, and a medium of exchange.3  Most authors find that the first two are nonessential properties that follow from the third. Money is a good that acts as a medium of exchange in transactions. 2  Classically it is said that money acts as a unit of account, a store of value, and a medium of exchange.
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What is 'Money' Money is the circulating medium of exchange as defined by a government. Money is often synonymous with cash, including negotiable instruments such as checks. Each country has its own money, or currency, that is used as a medium of exchange within that country (some countries share a type of currency, such as the euro used by the European Union). An officially-issued legal tender generally consisting of currency and coin.
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- DEFINITION of 'Currency Appreciation '. An increase in the value of one currency in terms of another. Currencies appreciate against each other for various reasons, including capital inflows and the state of a country's current account.
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base currency Definition. The first currency in a currency pair. In a currency exchange, the exchange rate is quoted as the units of one currency in terms of a single unit of a base currency.
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Where is Romania? Currency is a means of measuring the value of any item in a country. For example in India the cost of petrol is Rs. 49/- per litre which means in Indian currency one litre of … petrol is worth 49 units. similarly in the US it is Dollar, in Europe it is Euro etc.
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- Currency is a means of measuring the value of any item in a country. For example in India the cost of petrol is Rs. 49/- per litre which means in Indian currency one litre of …petrol is worth 49 units. similarly in the US it is Dollar, in Europe it is Euro etc.   Or it could be simply be said as money used as a form of exchange. in lapland you use euros.
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currency Depending on the type of money, there are many different ways that value is assigned and handled. These are the types of currency. Fiat currency is, at its core, money that is worth what the government and free market determine it is worth. It gets its value through fiat. Every developed nation uses fiat currency, because the value can be controlled through monetary policies.
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- Save to Favorites. The total amount of paper currency, coins, and demand deposits that is held by consumers and businesses rather than by financial institutions, central banks, and the U.S. Treasury. Currency in circulation is thus the sum of currency held by the public, and is a component of a bank's reserves. It is an important factor that the Federal Open Market Committee takes into account when setting the money supply, since a decline in the currency in circulation means that banks don't have as many demand deposits in their reserve.
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currency n. pl. cur·ren·cies. 1. Money in any form when in actual use as a medium of exchange, especially circulating paper money. 2. Transmission from person to person as a medium of exchange; circulation: coins now in currency.3. General acceptance or use; prevalence: the currency of a slang term.. pl. cur·ren·cies. 1. Money in any form when in actual use as a medium of exchange, especially circulating paper money. 2. Transmission from person to person as a medium of exchange; circulation: coins now in currency. 3.
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- Definitions for foreign currency. Here are all the possible meanings and translations of the word foreign currency. Wiktionary(5.00 / 1 vote)Rate this definition: foreign currency(Noun) any currency that is in use in a foreign country, but not in one's own.
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- Currency is a generally accepted form of money, including coins and paper notes, which is issued by a government and circulated within an economy. Topics What's New
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Currency Other 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. Currencies can be classified into two monetary systems: fiat money and commodity money, depending on what guarantees the value (the economy at large vs. the government's physical metal reserves).
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- A “functional currency is defined as a qualifying currency, which for now includes only the US dollar, the pound sterling, the euro and the Australian dollar (the latter added by the revisions announced in June, 2008). The Department of Finance has the scope to add more qualifying currencies in the future.
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World Currencies Criteria for inclusion. A currency is a kind of money and medium of exchange. Currency includes paper, cotton, or polymer banknotes and metal coins. States generally have a monopoly on the issuing of currency, although some states share currencies with other states.
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money n. pl. mon·eys or mon·ies. 1. A medium that can be exchanged for goods and services and is used as a measure of their values on the market, including among its forms a commodity such as gold, an officially issued coin or note, or a deposit in a checking account or other readily liquefiable account.
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- The Courir de Mardi Gras (Louisiana French pronunciation: [kuɾiɾ d maɾdi ɡɾa] French pronunciation: ​[kuʁiʁ də maʁdi ɡʁa]) is a traditional Mardi Gras event held in many Cajun communities of south Louisiana on the Tuesday before Ash Wednesday. Courir de Mardi Gras is Cajun French for Fat Tuesday Run.
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Currency A more general definition is that a currency is a system of money (monetary units) in common use, especially in a nation.Under this definition, British pounds, U.S. dollars, and European euros are examples of currency.These various currencies are stores of value, and are traded between nations in foreign exchange markets, which determine the relative values of the different currencies.ther 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.