Definitions and. Overview. A Health Savings Account (HSA) is a tax-advantaged trust or. custodial account created for the benefit of an individual (not limited. to employees) who is covered under a high-deductible health plan. (HDHP). The trustee may be a bank, an insurance company (not just.
Definition of currency for English Language Learners. : 1  the money that a country uses : a specific kind of money. : 2  something that is used as money. : 3  the quality or state of being used or accepted by many people.
Fiat money is currency which derives its value from government regulation or law. The term derives from the Latin fiat (let it be done, it shall be). It differs from commodity money and representative money.