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.

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Popular Economy Terms

Blue month
reciprocal of European terms
current yield
rectify
Boom and bust cycle
Commodities Exchange Center
legatee
Client
leasehold
Eurozone