[cher-voh-nits, -nets; Russian chyir-vaw-nyits]
noun, plural chervontsi [cher-vohnt-see; Russian chyir-vawn-tsi] .
a former gold coin and monetary unit of the U.S.S.R., equal to ten rubles.

1920–25; < Russian chervónets, Old Russian chervon(n)yi a similar gold coin < Polish czerwony a gold coin, literally, red (apparently because gold of a high purity was thought to have a reddish cast), cognate with Czech červený, Serbo-Croatian cr̀ven, cr̀(v)ljen, Bulgarian chervén < Slavic *čṛvljen, orig. past participle of *čṛviti to dye red, derivative of *čṛvĭ worm, kermes (Serbo-Croatian cr̂v, Polish czerw, Russian chervʾ), a by-form of *čṛmĭ; compare OCS chrĭmĭnŭ red; see crimson, vermilion Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
chervonets (tʃəˈvɔːnɛts)
(formerly) a Soviet monetary unit and gold coin worth ten roubles
[from Old Russian červonyi, from Old Polish czerwony golden, purple]

Collins English Dictionary - Complete & Unabridged 10th Edition
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