Best Answer: The medium of exchange used to buy goods or services. The form of currency used by so called developed countries is money, either in the form of banknotes or coins. The currency used in USA, Australia, New Zealand etc. is the dollar.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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Â· just now. Report Abuse. pom is actually a diminutive or derivation of pome which is an acronym for Prisoner Of Mother England. As the slang term Aussies use for Brits, it is interesting to say the least since historically, it was the Aussies who were the poms, i.e. prisoners of mother england.phlatulent_phrog Â· 9 years ago. Thumbs up. Popular idea of how Pom originated was that after People had been Transported to Australia, their Skin resembled the Colour of aPomegranite-Thus Pom-egranite,well I Suppose you would after a Horrendous 6 month trip... Source(s): Daily Mirror on weds.