B2 verb Neutral

currency

/ˈkʌr.ən.si/

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 5
1

I 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.

2

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.

3

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?

Word Family

Noun
currency
Adverb
currently
Adjective
current
Related
current
💡

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

1

I need to visit the bank to exchange some local currency before my flight.

everyday

I need to visit the bank to exchange some local currency before my flight.

2

The central bank's primary objective is to maintain the stability of the national currency.

formal

The central bank's primary objective is to maintain the stability of the national currency.

3

Do you have any local currency on you, or are you just using your phone to pay?

informal

Do you have any local currency on you, or are you just using your phone to pay?

4

The concept of social capital has gained significant currency among sociologists in recent decades.

academic

The concept of social capital has gained significant currency among sociologists in recent decades.

5

Our international contracts are usually settled in a major currency like the US dollar or the Euro.

business

Our international contracts are usually settled in a major currency like the US dollar or the Euro.

Word Family

Noun
currency
Adverb
currently
Adjective
current
Related
current

Common Collocations

foreign currency money used in a country other than one's own
currency exchange the service of swapping one type of money for another
gain currency to become more popular or widely accepted
stable currency a system of money that maintains its value over time
digital currency money that exists only in electronic form

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

currency vs current

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

Commonly used as an uncountable noun for the general concept of money. Used as a countable noun when comparing different national systems (e.g., 'Asian currencies').
🌍

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

Related Words

subcapure

C1

Relating to a secondary or subordinate stage of capturing data, images, or specimens within a larger primary process. It describes a nested acquisition mechanism used to record specific subsets of information under a broader set of parameters.

triunior

C1

A triunior is a specialized term used in certain organizational or tripartite structures to denote a third-tier junior member or an entry-level official within a specific hierarchy. It refers to an individual who occupies the lowest level of a three-part junior classification system, often found in niche administrative or academic contexts.

pretracttion

C1

To exert a forward-moving force or tension on a physical structure, usually as a preliminary step in a technical or medical process. It involves drawing a component toward the front or applying tension prior to a primary action to ensure proper alignment or stability.

microprivic

C1

To selectively remove or strip away minuscule, often essential, components from a larger structure or system. This verb describes a process of highly precise deprivation occurring at a microscopic or granular level.

extraprehendery

C1

Describing knowledge or insights that lie beyond the standard limits of human perception or intellectual grasp. It often refers to concepts that are highly abstract, metaphysical, or so complex that they require a specialized or transcendent way of thinking to be understood.

circumscendic

C1

Describing a movement or path that involves climbing or scaling around the perimeter of an object. It often refers to a circuitous upward trajectory used to bypass obstacles or cover the entirety of a vertical structure.

rematerine

C1

To re-incorporate or restore something to its original material or essential state, especially after it has been fragmented, digitized, or abstractly altered. It describes the process of making an abstract concept or a digital set of data tangible and physical once more.

explicine

C1

Describes information, structures, or concepts that are inherently self-explanatory and unfold their meaning clearly without the need for external interpretation. It refers to a state of being naturally transparent or methodically detailed in a way that precludes ambiguity.

comdurist

C1

Describing an attitude or strategy characterized by an unyielding, steadfast commitment to enduring challenges over a long period. It refers to the quality of being resolutely persistent despite significant hardship or delay in results.

dishospation

C1

Describing an attitude or environment that is significantly lacking in hospitality or friendliness toward guests. It denotes an actively unwelcoming, cold, or repellent reception in social, professional, or academic settings.

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