managed currency


noun
  1. a currency whose value is established and maintained by deliberate governmental action working through national and international financial institutions, in contrast to the quasi-automatic gold standard.

Origin of managed currency

1
First recorded in 1920–25

Words Nearby managed currency

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024

How to use managed currency in a sentence

  • Mr. Van Buren and his wiseacre assistants, have so managed currency matters, that we have very little to do business with.

British Dictionary definitions for managed currency

managed currency

noun
  1. a currency that is subject to governmental control with respect to the amount in circulation and the rate of exchange with other currencies

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