major currency
A currency that is sufficiently liquid to be readily convertible to the currency of other nations. Major currency is most often associated with politically stable, highly industrialized nations. The U.S. dollar, British pound, Euro, and Japanese Yen are major currencies. Also called hard currency.
Browse by Subjects
U.S. Dollar
Smithsonian Agreement
paper currency
See All Related Terms »

bank certificate
Put on a put
government sponsored
cost element