Definition of Sound currency. Meaning of Sound currency. Synonyms of Sound currency

Here you will find one or more explanations in English for the word Sound currency. Also in the bottom left of the page several parts of wikipedia pages related to the word Sound currency and, of course, Sound currency synonyms and on the right images related to the word Sound currency.

Definition of Sound currency

Sound currency
Sound Sound, a. [Compar. Sounder; superl. Soundest.] [OE. sound, AS. sund; akin to D. gezond, G. gesund, OHG. gisunt, Dan. & Sw. sund, and perhaps to L. sanus. Cf. Sane.] 1. Whole; unbroken; unharmed; free from flaw, defect, or decay; perfect of the kind; as, sound timber; sound fruit; a sound tooth; a sound ship. 2. Healthy; not diseased; not being in a morbid state; -- said of body or mind; as, a sound body; a sound constitution; a sound understanding. 3. Firm; strong; safe. The brasswork here, how rich it is in beams, And how, besides, it makes the whole house sound. --Chapman. 4. Free from error; correct; right; honest; true; faithful; orthodox; -- said of persons; as, a sound lawyer; a sound thinker. Do not I know you a favorer Of this new seat? Ye are nor sound. --Shak. 5. Founded in truth or right; supported by justice; not to be overthrown on refuted; not fallacious; as, sound argument or reasoning; a sound objection; sound doctrine; sound principles. Hold fast the form of sound words, which thou hast heard of me. --2 Tim. i. 13. 6. heavy; laid on with force; as, a sound beating. 7. Undisturbed; deep; profound; as, sound sleep. 8. Founded in law; legal; valid; not defective; as, a sound title to land. Note: Sound is sometimes used in the formation of self-explaining compounds; as, sound-headed, sound-hearted, sound-timbered, etc. Sound currency (Com.), a currency whose actual value is the same as its nominal value; a currency which does not deteriorate or depreciate or fluctuate in comparision with the standard of values.

Meaning of Sound currency from wikipedia

- In macroeconomics, hard currency, safe-haven currency, or strong currency is any globally traded currency that serves as a reliable and stable store of...
- The Sound Currency ****ociation was a British pressure group formed in early 1920 as a result of a conference of bankers, traders and economists held in...
- A currency is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general definition...
- (****anese: 円, symbol: ¥; code: JPY) is the official currency of ****an. It is the third-most traded currency in the foreign exchange market, after the United...
- Canadian dollar (symbol: $; code: CAD; French: dollar canadien) is the currency of Canada. It is abbreviated with the dollar sign $. There is no standard...
- In international finance, a world currency, supranational currency, or global currency is a currency that would be transacted internationally, with no...
- a local currency is a currency that can be spent in a particular geographical locality at parti****ting organisations. A regional currency is a form...
- 人民币; pinyin: Rénmínbì; lit. 'People's Currency'; symbol: ¥; ISO code: CNY; abbreviation: RMB) is the official currency of the People's Republic of China....
- from other dollar-denominated currencies; and also referred to as the dollar or Aussie dollar) is the official currency and legal tender of Australia...
- became a weak currency, colloquially referred to as the paper mark (Papiermark), in order to finance the war effort. In 1918, the pre-war sound money policy...