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denomination

 - 5 dictionary results

de⋅nom⋅i⋅na⋅tion

[di-nom-uh-ney-shuhn]
–noun
1. a religious group, usually including many local churches, often larger than a sect: the Lutheran denomination.
2. one of the grades or degrees in a series of designations of quantity, value, measure, weight, etc.: He paid $500 in bills of small denomination.
3. a name or designation, esp. one for a class of things.
4. a class or kind of persons or things distinguished by a specific name.
5. the act of naming or designating a person or thing.

Origin:
1350–1400; ME denominacioun < LL dēnōminātiōn- (s. of dēnōminātiō), in L: metonymy, equiv. to dēnōmināt(us) (see denominate ) + -iōn- -ion
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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de·nom·i·na·tion   (dĭ-nŏm'ə-nā'shən)   
n.  
  1. A large group of religious congregations united under a common faith and name and organized under a single administrative and legal hierarchy.

  2. One of a series of kinds, values, or sizes, as in a system of currency or weights: Cash registers have compartments for bills of different denominations. The stamps come in 25¢ and 45¢ denominations.

  3. A name or designation, especially for a class or group.

de·nom'i·na'tion·al adj., de·nom'i·na'tion·al·ly adv.
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Word Origin & History

denomination 
1398, "a naming," from L. denominationem (nom. denominatio) "a calling by anything other than the proper name, metonymy," from denominare "to name," from de- "completely" + nominare "to name." Monetary sense is 1660; meaning "religious sect" is 1716.
Online Etymology Dictionary, © 2001 Douglas Harper
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Financial Dictionary

Denomination

The stated value found on financial instruments.

Investopedia Commentary

This term applies to most financial instruments with monetary values. The denomination for bonds and securities would be face value or par value. Whereas, for currency, the denomination would be the printed amount.

For example, when you go to the bank to withdraw $100, the teller may ask you in what denominations 5's, 10's, 20's, 50's, 100's, or some combination thereof.

See also: Face Value, Par Value

Investopedia.com. Copyright © 1999-2005 - All rights reserved. Owned and Operated by Investopedia Inc.
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Financial Dictionary

denomination

The face value of a security. For bonds, it is usually $1,000 ($5,000 for municipals) or multiples thereof, and for stock it is the par value.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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