Currency


 

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Currency

1. The money used by a country; e.g., the national currency of Japan is the yen. 2. The physical embodiment of money, in the forms of paper bills or notes, and metal coins.

Currency

Money.

Currency

Cash, cheques etc. which circulate in an economy as an accepted means of exchange.



Similar Matches

Eurocurrency

Eurocurrency

A currency which is deposited in banks outside its country of origin. For example the eurodollar, eurodeutschmark and eurosterling.


Optimal currency area

Optimal currency area

The optimal grouping of regions or countries within which exchange rates should be held fixed. First defined (as "optimum currency areas") by Mundell (1961).


Currency futures contract

Currency futures contract

Contract specifying a standard volume of a particular currency to be exchanged on a specific settlement date.


Currency in circulation

Currency in circulation

The amount of a country's currency that is in the hands of the public (households, firms, banks, etc), as opposed to sitting in the vaults of the central bank.


Currency bloc

Currency bloc

1. A group of countries that share a common currency; a currency area. 2. A group of countries that peg their different national currencies to a single currency.


Further Suggestions

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European Currency Unit (ECU)
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Blocked currency
Currency no longer issued
Currency union
Reporting currency
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Eurocurrency deposit
Eurocurrency
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Foreign currency futures contract
Canonical model of currency crises
Currency Board
Eurocurrency market
Currency future


 
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