paper currency
3
2.5
- noun
- /ˈpeɪpər ˈkɜrənsi/
:
moneda papel
- After paying with paper currency, he noticed he had very little cash left.
- issued paper currency
- paper currency in exchange
So he took the US off the gold standard and since then, paper currency no longer had to be backed by gold.
- So he took the US off the gold standard and since then, paper currency no longer had to be backed by gold.
- They can issue paper currency to meet demand and the demand is really as evidenced through this thing called vest.
Examples
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Gold prices affect the purchasing power of paper currencies.
Blog text (21) -
I think what we're having is a breakdown of paper currency, the US dollar, the yen, the euro.
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As far as I know, at no point in the series does anyone use paper currency of any kind.
Blog text (26) -
So he took the US off the gold standard and since then, paper currency no longer had to be backed by gold.
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Government-issued paper currency is under fire.
Academic text (2018) -
Clearly, doing away with paper currency entails important trade-offs that must be considered by policymakers.
Academic text (2018) -
Most modern paper currencies are Fiat currencies like the US dollar, the euro, and like our Fiat currency is the dollar.
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Argentina has become the poster child for monetary nationalists—those who believe that every country should have its own paper currency and not waste resources hoarding gold or hard-currency reserves.
Academic text (2007) -
Many countries rely on paper currency to facilitate everyday transactions.
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The store only accepts paper currency; they do not take credit cards.
Synonyms
295
1.5
Money made of paper that people use to pay for things
16
1.6
Money made of printed paper notes that a government uses
7
3.0
A paper form of money that people use to pay for things
5
1.7
Paper money issued by a central bank used to pay for things
1
3.2
Paper money that people carry in a wallet
Paper money issued by a country's central bank used to buy things
A piece of paper money issued by a central bank used to pay for things
A piece of paper used as money and issued by a central bank
Surface Forms
Morphology
The meaning 'money in the form of printed notes' is directly derivable from combining 'paper' (made of paper) with 'currency' (money), so the phrase transparently indicates currency that is paper rather than coin. This compositional pattern is common across languages and follows standard noun + noun modification, making it immediately understandable to a B1 learner who knows both constituents.
Etymology
Paper currency began when banks gave people pieces of paper that promised to pay real coins or gold. Because the paper stood for the actual currency, the phrase came to mean 'money' in printed 'notes' today.