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Definition of currency noun from the Oxford Advanced Learner's Dictionary

currency

noun
 
/ˈkʌrənsi/
 
/ˈkɜːrənsi/
(plural currencies)
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  1. [countable, uncountable] the system of money that a country uses
    • trading in foreign currencies
    • the single European currency
    • You'll need some cash in local currency but you can also use your credit card.
    see also digital currency, hard currency
    Extra Examples
    • Argentina's currency was pegged to the dollar.
    • For four months all major currencies floated.
    • Many emerging countries have their currencies pegged to the dollar.
    • She had $500 in foreign currency.
    • The disappointing profits are due to unfavourable currency translations.
    • The fund supports weak currencies.
    • The system allows currencies to fluctuate within certain limits.
    • They make money by speculating on the currency markets.
    • They prefer to be paid in foreign currencies.
    • US dollars are considered common currency in international transactions.
    • You can convert sterling into the local currency.
    • The country may be forced to completely devalue its currency.
    Topics Moneyb1, Shoppingb1, Holidaysb1
    Oxford Collocations Dictionaryadjective
    • domestic
    • foreign
    • common
    verb + currency
    • change
    • convert something into
    • convert something to
    currency + verb
    • rise
    • depreciate
    • fall
    currency + noun
    • conversion
    • exchange
    • translation
    preposition
    • in…currency
    See full entry
  2. [uncountable] the fact that something is used or accepted by a lot of people
    • The term ‘post-industrial’ now has wide currency.
    • The qualification has gained currency all over the world.
    Extra Examples
    • This belief has general currency.
    • How did the idea gain currency?
    Oxford Collocations Dictionaryadjective
    • common
    • general
    • wide
    verb + currency
    • enjoy
    • have
    • gain
    See full entry
See currency in the Oxford Advanced American DictionarySee currency in the Oxford Learner's Dictionary of Academic English

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