currency
A system of money in general use in a particular country, such as the dollar or euro. It also refers to the state or quality of being commonly accepted, prevalent, or in circulation, particularly regarding ideas or beliefs.
Examples
3 of 5I need to visit the bank to exchange some local currency before my flight.
I need to visit the bank to exchange some local currency before my flight.
The central bank's primary objective is to maintain the stability of the national currency.
The central bank's primary objective is to maintain the stability of the national currency.
Do you have any local currency on you, or are you just using your phone to pay?
Do you have any local currency on you, or are you just using your phone to pay?
Antonyms
Word Family
Memory Tip
Think of the word 'current' (like a flowing river). Currency is the 'current' of money flowing through a country's economy.
Quick Quiz
The idea that breakfast is the most important meal of the day has lost some ____ in recent scientific studies.
Correct!
The correct answer is: currency
Examples
I need to visit the bank to exchange some local currency before my flight.
everydayI need to visit the bank to exchange some local currency before my flight.
The central bank's primary objective is to maintain the stability of the national currency.
formalThe central bank's primary objective is to maintain the stability of the national currency.
Do you have any local currency on you, or are you just using your phone to pay?
informalDo you have any local currency on you, or are you just using your phone to pay?
The concept of social capital has gained significant currency among sociologists in recent decades.
academicThe concept of social capital has gained significant currency among sociologists in recent decades.
Our international contracts are usually settled in a major currency like the US dollar or the Euro.
businessOur international contracts are usually settled in a major currency like the US dollar or the Euro.
Antonyms
Word Family
Common Collocations
Common Phrases
hard currency
globally traded currency that is expected to serve as a reliable store of value
local currency
the specific system of money used in the current region
common currency
a phrase or idea that is frequently used or widely understood
Often Confused With
Current is an adjective meaning 'at the present time' or a noun meaning 'flow', while currency refers to the money system itself.
Usage Notes
Use 'currency' when talking about financial systems of different countries. In academic writing, use it to describe how much an idea or theory is accepted by the public or experts.
Common Mistakes
Learners sometimes use 'currency' to refer to a single physical coin or bill; however, it usually refers to the system as a whole.
Memory Tip
Think of the word 'current' (like a flowing river). Currency is the 'current' of money flowing through a country's economy.
Word Origin
From the Latin 'currens', the present participle of 'currere', meaning 'to run' or 'to flow'.
Grammar Patterns
Cultural Context
Many nations use their physical currency to display national heroes, historical events, or local flora and fauna as a source of pride.
Quick Quiz
The idea that breakfast is the most important meal of the day has lost some ____ in recent scientific studies.
Correct!
The correct answer is: currency
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