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Glite Dictionary
💴 China's currency 💴 In Chinese money
renminbi

renminbi

7.0
Describing money or prices that are in China's currency
  • adjective
  • /ˌrɛnˈmɪnˌbi/
translation icon : renminbi
  • The company issued renminbi bonds to attract Chinese investors.

Examples

  • They opened a renminbi account to handle transactions with suppliers in China.

  • The contract is renminbi denominated.

  • All prices in the catalog are listed in renminbi for local customers.

  • The loan is renminbi linked.

  • The company issued renminbi bonds to attract Chinese investors.

  • They opened a renminbi account to handle transactions with suppliers in China.

  • All prices in the catalog are listed in renminbi for local customers.

Surface Forms

renminbi positive

Etymology

Renminbi as an adjective comes from the same Chinese name renmin ('people') + bi ('money'), so when something is described as renminbi (like bonds or prices) it simply means it is in China's 'people's money'.