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Currency - Dictionary Definition and Overview |
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Currency : (noun)
1: the metal or paper medium of exchange that is presently used
2: general acceptance or use; "the currency of ideas"
3: a current state of general acceptance and use [syn: vogue]
4: the property of belonging to the present time; "the currency
of a slang term" [syn: currentness, up-to-dateness]
Based on WordNet 2.0
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Currency : \Cur"ren*cy\ (k?r"r?n-c?), n.; pl. Currencies (-s?z).
[Cf. LL. currentia a current, fr. L. currens, p. pr. of
currere to run. See Current.]
1. A continued or uninterrupted course or flow like that of a
stream; as, the currency of time. [Obs.] --Ayliffe.
2. The state or quality of being current; general acceptance
or reception; a passing from person to person, or from
hand to hand; circulation; as, a report has had a long or
general currency; the currency of bank notes.
3. That which is in circulation, or is given and taken as
having or representing value; as, the currency of a
country; a specie currency; esp., government or bank notes
circulating as a substitute for metallic money.
4. Fluency; readiness of utterance. [Obs.]
5. Current value; general estimation; the rate at which
anything is generally valued.
He . . . takes greatness of kingdoms according to
their bulk and currency, and not after intrinsic
value. --Bacon.
The bare name of Englishman . . . too often gave a
transient currency to the worthless and ungrateful.
--W. Irving.
Based on Webster's Revised Unabridged Dictionary
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CURRENCY. The money which passes, at a fixed value, from hand to hand; money
which is authorized by law.
2. By art. 1, s. 8, the Constitution of the United States authorizes
congress "to coin money, and to regulate the value thereof." Changes in the
Currency : ought not to be made but for the most urgent reason, as they
unsettle commerce, both at home and abroad. Suppose Peter contracts to pay
Paul one thousand dollars in six months-the dollar of a certain fineness
of silver, weighing one hundred and twelve and a half grains-and
afterwards, before the money becomes due, the value of the dollar is
changed, and it weighs now but fifty-six and a quarter grains; will one
thousand of the new dollars pay the old debt? Different opinion may be
entertained, but it seems that such payment would be complete; because, 1.
The creditor is bound to receive the public currency; and, 2. He is bound to
receive it at its legal value. 6 Duverg. n. 174.
Based on Webster's Revised Unabridged Dictionary (1913)
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Example Usage of Currency |
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maracig: Going through a deeper sense of forex Currency. http://bit.ly/5FRe7E |
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4xtweets: Chile and Brazil: Latin American Bond and Currency Preview (Bloomberg) http://is.gd/5pngX |
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CalRobert: @Resistance1six I'm trying to build a new kind of economic system over the InterNet, where labor-time instead of dollar is common Currency. |
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