denominated

USAGE SUMMARY

The phrase "denominated" is correct and usable in written English.
It is typically used in financial contexts to refer to the currency in which an amount is expressed or the unit in which something is measured. Example: "The bond is denominated in US dollars, making it accessible to a wider range of investors."

✓ Grammatically correct

News & Media

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

29 human-written examples

Cash began to trickle in, denominated in currencies from all over the globe.

The Guardian - Books

In 1998 nearly a third of Turkey's marketable government debt and more than half of that in Mexico was denominated in a foreign currency.

The Economist

The obvious thread is that all three countries are sovereign issuers of a fiat currency in which their bonds are denominated.

The Economist

And unlike VW, it does not have a profusion of brands to support.If the euro falls apart, VW's German factories will suddenly find their costs denominated in expensive Deutschmarks.

The Economist

Both Greece and Ireland are carrying heavy public liabilities denominated in a currency (the euro) that they cannot print.

The Economist

It represents by far the biggest issue of "dim sum" bonds, securities denominated in the currency of mainland China, but sold in Hong Kong, where people like to eat dumplings, pork buns and other tasty morsels known as dim sum.

The Economist

Human-verified similar examples from authoritative sources

Similar Expressions

31 human-written examples

Private firms, however, have been more likely to succumb to temptation.Emerging-market companies have begun issuing foreign-currency-denominated debt with gusto: $1.3 trillion of it was outstanding in 2013, up from $597 billion in 2009, according to Nomura, a Japanese bank.

The Economist

The effects on Greece would be deep and immediate, as money flees banks and Greek firms' euro-denominated debts skyrocket as a new drachma plummets in value.

The Economist

In that system many economies, especially rapid industrialisers like China, followed a crawling peg or managed float against the dollar, maintained primarily through massive accumulation of dollar-denominated foreign-exchange reserves.

The Economist

A depreciating real, which is oscillating around a 10-year low, pushes up inflation; it also makes Brazil's $230 billion dollar-denominated debt dearer by the day.

The Economist

The most likely upset would come from a sharp spike in short-term interest rates, threatening the economic fundamentals on which global growth now rests: Americans consuming, the Chinese producing and foreigners recycling their surpluses by buying dollar-denominated securities.The second possibility might be a dawning realisation that companies are not quite as financially robust as they say.

The Economist

Expert writing Tips

Best practice

When discussing financial instruments or economic values, use "denominated" to clearly specify the currency in which they are measured. This avoids ambiguity and ensures clarity for your audience.

Common error

Avoid using "nominated" when you mean "denominated". "Nominated" implies a selection or appointment, whereas "denominated" refers specifically to the currency or unit of value. Using the wrong term can confuse your readers.

Linguistic Context

The word "denominated" typically functions as a verb in the past participle form or as an adjective. It specifies the currency or unit in which something is valued or expressed. Ludwig AI confirms its appropriate usage in various financial and economic contexts.

Expression frequency: Common

Frequent in

News & Media

50%

Formal & Business

40%

Science

10%

Less common in

Encyclopedias

0%

Wiki

0%

Reference

0%

Ludwig's WRAP-UP

In summary, "denominated" is a grammatically sound and commonly used term, particularly in financial and economic writing, where it specifies the currency or unit of value. Ludwig AI's analysis confirms its correctness. When using the term, clarity is key to avoid confusion, particularly with similar-sounding words like "nominated". As shown by the examples, it’s most frequently found in News & Media and Formal & Business contexts. Remember to specify the currency 'in' which something is denominated. Understanding these nuances can greatly improve the precision and professionalism of your writing.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

Expressed in

Focuses on the act of stating a value in specific terms.

Valued at

Highlights the assessment of worth in monetary units.

Quoted in

Emphasizes the price or value as presented in a market context.

Measured in

Refers to the unit used for quantifying something's value.

Stated in terms of

Indicates that the value is being presented using a particular standard.

Calculated in

Suggests that a specific unit was used to determine the value.

Fixed in

Implies that the value is set and unchanging within a specific currency or unit.

Pegged to

Highlights a fixed exchange rate or valuation based on another currency.

Worth

Simplifies the expression to indicate value without specifying currency.

Issued in

Focuses on the currency in which something, like bonds, are created.

FAQs

How is "denominated" typically used in financial writing?

In financial writing, "denominated" specifies the currency in which an asset, liability, or transaction is valued. For example, "The bond is denominated in euros" indicates that its value is expressed and payable in euros.

What are some alternatives to "denominated" in economic contexts?

In economic contexts, alternatives to "denominated" include "expressed in", "valued at", or "quoted in", which can be used depending on the specific nuance you want to convey.

Is it correct to say an item is 'denominated by' a currency?

While technically understandable, it's more common and grammatically sound to say an item is "denominated in" a currency. For example, "The debt is denominated in US dollars" is preferred over "The debt is denominated by US dollars".

What's the difference between saying something is 'denominated' versus 'valued' in a currency?

Saying something is "denominated" in a currency usually refers to the currency of issuance or original valuation, while saying it is "valued in" a currency refers to its current worth or market price in that currency. For example, a bond might be denominated in pounds but valued in dollars based on the current exchange rate.