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.
A currency that is issued based on an underlying physical commodity that is widely acknowledged as having intrinsic value.Gold and silver were the most common commodities used to back a currency, although other goods such as tobacco have been used historically. currency that is issued based on an underlying physical commodity that is widely acknowledged as having intrinsic value.