Definition

The study and practice of exchanging currencies or goods, often related to trade and finance.

Example

Cambism plays a crucial role in international trade by facilitating currency exchange.

Conversation

Have you ever heard about cambism?

No, what is it?

It's basically the theory and practice of exchange in economics.

That sounds interesting! I should read more about it.

Synonyms & Antonyms

Root Explanation

The word 'cambism' originates from the Latin 'cambium' (meaning exchange or change), which refers to the act of exchanging currency or goods. The suffix '-ism' denotes a practice or system. Therefore, 'cambism' refers to the practice or system of exchange, particularly in a financial context.

Memory Tip

Think of 'cambium' as relating to 'exchange' — this helps you remember that 'cambism' is about the practice of exchanging currency or goods.

Visually Confused Words