a unit of currency

USAGE SUMMARY

The phrase "a unit of currency" is correct and usable in written English.
It can be used when discussing different forms of money or financial systems in various contexts, such as economics or finance. Example: "The euro is a unit of currency used by many countries in the European Union."

✓ Grammatically correct

News & Media

Encyclopedias

Science

Wiki

Human-verified examples from authoritative sources

Exact Expressions

9 human-written examples

– the album (we'd have called it an LP back in the day) is no longer a unit of currency of UK comedy.

The Guardian

They were trying to figure out a way to evenly divide the hekat so they could use it as a unit of currency".

The New York Times - Science

Whether the symbol "$," for example, refers to a unit of currency or to anything else makes no difference in the calculations performed by computers in the banking industry.

Encyclopedia Britannica

Key Words "Learn that an Afghani is a unit of currency, and Afghans are the people".

Forbes

Depending on the token, this could include the right to access and use a network or software application, the right to redeem the token for a unit of currency or a good, the right to receive a share of future earnings, the right to vote on decisions made by the organization or more.

TechCrunch

PPP is calculated on the basis of the goods/services a unit of currency can buy in different countries, to reflect "affordability", rather than only price.

Huffington Post

Human-verified similar examples from authoritative sources

Similar Expressions

51 human-written examples

Yuan, like the pound, is the name of a unit of the currency.

The Guardian - Business

That, in the jargon, results in an appreciation of the "real" exchange rate: a unit of foreign currency now buys fewer services in the domestic economy than it did before.

The Economist

In a way, the tweet itself, as a unit of social currency, is more important than the source itself.

TechCrunch

The kingdom, which is stuck somewhere between the sixth and the twelfth centuries, has a single unit of currency, a gold piece that looks a little like a biscuit.

The New Yorker

OF GAMING about the computer game Ultima Online, and the social problems that have occurred within the artificial world of the game… The kingdom, which is stuck somewhere between the sixth and the twelfth centuries, has a single unit of currency, a gold piece that looks a little like a biscuit.

The New Yorker

Expert writing Tips

Best practice

When discussing international economics or finance, use "a unit of currency" to refer to specific currencies like the dollar, euro or yen, ensuring clarity and precision.

Common error

Avoid assuming that the strength of "a unit of currency" directly reflects the overall economic health of a nation. Exchange rates are influenced by a multitude of factors, not just internal economic performance.

Linguistic Context

The phrase "a unit of currency" functions primarily as a noun phrase. It acts as a subject, object, or complement within a sentence, referring to a specific form of money. As seen in Ludwig, it clarifies financial and economic discussions.

Expression frequency: Uncommon

Frequent in

News & Media

30%

Encyclopedias

25%

Science

20%

Less common in

Wiki

15%

Formal & Business

5%

Reference

5%

Ludwig's WRAP-UP

In summary, the phrase "a unit of currency" is a grammatically correct and usable term, though Ludwig AI categorizes it as uncommon. It serves to specify a particular form of money within a monetary system. Predominantly used in News & Media, Encyclopedias, and Science, it carries a neutral tone applicable across formal and informal contexts. Remember to consider alternative expressions like "monetary unit" or "form of exchange" for nuanced communication.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

monetary unit

Highlights the function of currency as a basic unit of value.

monetary denomination

Focuses on the specific value assigned to a currency.

currency measure

Emphasizes the role of currency as a standard of measurement.

exchange medium

Emphasizes the role of currency in facilitating trade.

form of exchange

Highlights the function of currency in facilitating transactions.

monetary standard

Stresses the role of currency as a benchmark for economic value.

legal tender

Specifies the officially recognized currency within a jurisdiction.

medium of exchange

Focuses on the role of currency in transactions.

monetary instrument

Highlights the function of currency in financial operations.

currency type

Denotes the different kinds of currency available.

FAQs

How can I use "a unit of currency" in a sentence?

You can use "a unit of currency" to refer to a specific currency within a country. For example, "The euro is a widely used "a unit of currency" in the European Union".

What are some alternatives to "a unit of currency"?

Alternatives include "monetary denomination", "monetary unit", or "form of exchange", depending on the context.

Is it correct to say "unit of currency"?

Yes, it is correct. "Unit of currency" is a grammatically sound and commonly used phrase.

What is the difference between "a unit of currency" and "a currency"?

"A currency" refers to the overall system of money in a particular country or region, while ""a unit of currency"" refers to a specific denomination or measure within that system.