CURRENCY

currency

(noun) general acceptance or use; “the currency of ideas”

currentness, currency, up-to-dateness

(noun) the property of belonging to the present time; “the currency of a slang term”

currency

(noun) the metal or paper medium of exchange that is presently used

Source: WordNet® 3.1

Etymology

Noun

currency (countable and uncountable, plural currencies)

Money or other items used to facilitate transactions.

(more specifically) Paper money.

The state of being current; general acceptance or recognition.

(obsolete) Current value; general estimation; the rate at which anything is generally valued.

(obsolete) fluency; readiness of utterance

Source: Wiktionary

Cur"ren*cy (kr"rn-c), n.; pl. Currencies (-s. Etym: [Cf. LL. currentia a current, fr. L. currens, p. pr. of currere to run. See Current.]

1. A continued or uninterrupted course or flow like that of a sream; as, the currency of time. [Obs.] Ayliffe.

2. The state or quality of being current; general acceptance or reception; a passing from person to person, or from hand to hand; circulation; as, a report has had a long or general currency; the currency of bank notes.

3. That which is in circulation, or is given and taken as having or representing value; as, the currency of a country; a specie currency; esp., government or bank notes circulating as a substitute for metallic money.

4. Fluency; readiness of utterance. [Obs.]

5. Current value; general estimation; the rate at which anything is generally valued. He . . . takes greatness of kingdoms according to their bulk and currency, and not after intrinsic value. Bacon. The bare name of Englishman . . . too often gave a transient currency to the worthless and ungrateful. W. Irving.

Source: Webster’s Unabridged Dictionary 1913 Edition