1. money; circulation; custom, prevalence. currency\cur"ren*cy\ (k?r"r?n-c?), n.; pl. currencies (-s z). [cf. ll. currentia a current, fr. l. currens, p. pr. of currere to run. see:
current.].
2. a continued or uninterrupted course or flow like that of a stream; as, the currency of time. [obs.].
3. the state or quality of being current; general acceptance or reception; a passing from person to person, or from hand to hand; circulation; as, a report has had a long or general currency; the currency of bank notes.
4. that which is in circulation, or is given and taken as having or representing value; as, the currency of a country; a specie currency; esp., government or bank notes circulating as a substitute for metallic money.
5. fluency; readiness of utterance. [obs.].
6. current value; general estimation; the rate at which anything is generally valued. he takes greatness of kingdoms according to their bulk and currency, and not after intrinsic value. the bare name of englishman too often gave a transient currency to the worthless and ungrateful. irving.currency n.
7. the metal or paper medium of exchange that is presently used.
8. general acceptance or use: "the currency of ideas".
9. a current state of general acceptance and use [syn: vogue].
10. the property of belonging to the present time: "the currency of a slang term" [syn: currentness, up-to-dateness].
11. A continued or uninterrupted course or flow like that of a stream; as, the currency of time.
12. The state or quality of being current; general acceptance or reception; a passing from person to person, or from hand to hand; circulation; as, a report has had a long or general currency; the currency of bank notes.
13. That which is in circulation, or is given and taken as having or representing value; as, the currency of a country; a specie currency; esp., government or bank notes circulating as a substitute for metallic money.
14. Fluency; readiness of utterance.
15. Current value; general estimation; the rate at which anything is generally valued. general acceptance or use; "the currency of ideas" the metal or paper medium of exchange that is presently used a current state of general acceptance and use.
16. 1. The money used in a particular country is referred to as its currency. Tourism is the country's top earner of foreign currency More people favour a single European currency than oppose it.
17. If a custom, idea, or word has currency, it is used and accepted by a lot of people at a particular time. `Loop' is one of those computer words that has gained currency in society. = acceptance see also:
common currency. In industrialized nations, the portion of the national money supply (consisting of banknotes and government-issued paper money and coins) that does not require endorsement to serve as a medium of exchange. Since the abandonment of the gold standard, governments have not been obligated to repay the holders of currency in any form of precious metal. Consequently, the volume of currency has been determined by the actions of the government or central bank and not by the supply of precious metals. In less-developed societies, or in times of economic scarcity, items such as livestock or tobacco (cigarettes) may serve as currency. See also coinage.
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