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currency

Intermediate (B1)

IPA: /ˈkʌrənsi/

KK: /ˈkɜrənsi/

noun
Definition

A system of money that is used in a particular country or region for buying and selling goods and services.


Example

The currency in Japan is the yen.


Conversation
Sloth A
Have you ever thought about how different currency can be around the world?
Sloth B
Yeah, it's fascinating! Some places use coins while others prefer paper money.
Sloth A
Right? I read that some countries even use digital currency now.
Sloth B
That's true! It's amazing how quickly things are changing.

Synonyms & Antonyms
Synonyms
money
cash
coinage
Antonyms
debt
barter
credit
Root Explanation

Currency → It is derived from the Latin word "currens" (meaning running or flowing), which is the present participle of "currere" (meaning to run). The term originally referred to the flow of money or the circulation of coins in an economy.

Memory Tip

Think of money 'flowing' ('currere') in an economy, which helps you remember that 'currency' refers to the medium of exchange used in transactions.

Visually Confused Words
recurrency
decurrency
noncurrency
concurrency
urgency
overcurrency
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