Reading Theme:
Currency: Definition, Usage, and Common Examples (2 meaning)
Meaning 1:official money (currency)
currency
/ˈkɜːrənsi/
n.
The type of money that is officially used in a country, like dollars, euros, or yen.
official money
➕
/əˈfɪʃəl ˈmʌni/
n.
Refers to the money that is legally used as a medium of exchange in a specific country or region.
📘 Details & Usage
📖 Root Explanation
From Latin 'currere' meaning 'to run', referring to money that circulates.
💡 Mnemonic
Think of 'current' money that flows like a current.
📖 Example
When traveling abroad, it's important to check the exchange rate for the local currency.
When going to another country, you should find out the conversion rate for the money used there.
🔗 Collocations
foreign currency – money from another country
digital currency – electronic form of money, like Bitcoin
currency exchange – the service of converting one money type to another
🔄 Synonyms
money (n.) – a medium of exchange for goods and services
cash (n.) – physical money in the form of coins or banknotes
legal tender (n.) – money that must be accepted as payment for debts
🚫 Antonyms
barter (n.) – exchange of goods without using money
📖 Cultural Story
Derived from Latin 'currere' (to run), reflecting how money circulates in an economy. It gained prominence with the rise of national monetary systems in the 17th century.
Meaning 2:widespread acceptance (currency)
currency
/ˈkɜːrənsi/
n.
When an idea, style, or practice is widely accepted or used by many people at a particular time.
widespread acceptance
➕
/ˈwaɪdspred əkˈseptəns/
n.
Describes when an idea, style, or practice becomes commonly accepted or popular in a society.
📘 Details & Usage
📖 Example
The trend for sustainable living has gained currency among young people in recent years.
The movement towards eco-friendly lifestyles has become widely accepted by youth lately.
🔗 Collocations
gain currency – become widely accepted or popular
lose currency – become less accepted or outdated
cultural currency – the value or popularity of an idea within a culture
🔄 Synonyms
popularity (n.) – the state of being liked or supported by many people
acceptance (n.) – the act of agreeing or approving something
vogue (n.) – the current fashion or trend
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