Currency vs Economy - What's the difference?
currency | economy |
Money or other items used to facilitate transactions.
Paper money.
* 1943 , (William Saroyan), , chapter 3,
The state of being current; general acceptance or recognition.
(obsolete) fluency; readiness of utterance
(obsolete) Current value; general estimation; the rate at which anything is generally valued.
Effective management of the resources of a community or system.
Collective focus of the study of money, currency and trade, and the efficient use of resources.
Frugal use of resources.
* Jonathan Swift
The system of production and distribution and consumption. The overall measure of a currency system; as the national economy.
* {{quote-magazine, date=2013-08-31, volume=408, issue=8851, magazine=(The Economist)
, title= (theology) The method of divine government of the world.
(archaic) Management of one’s (l).
Cheap to run; using minimal resources; representing good value for money.
As nouns the difference between currency and economy
is that currency is money or other items used to facilitate transactions while economy is effective management of the resources of a community or system.As an adjective economy is
cheap to run; using minimal resources; representing good value for money.currency
English
(wikipedia currency)Noun
- Wampum was used as a currency by Amerindians.
- Spangler went through his pockets, coming out with a handful of small coins, one piece of currency and a hard-boiled egg.
- The jargon’s currency .
- He takes greatness of kingdoms according to their bulk and currency , and not after intrinsic value. — Francis Bacon.
- The bare name of Englishman too often gave a transient currency to the worthless and ungrateful. — W. Irving.
Derived terms
* (economics) fiat currency, closed currency, metacurrencySee also
*economy
English
Alternative forms
*Noun
(wikipedia economy) (economies)- I have no other notion of economy than that it is the parent to liberty and ease.
Horns of a trilemma, passage=An economy open to free movement of capital can keep a fixed exchange rate, for example, only by subjugating monetary-policy goals to its defence—by raising interest rates sharply, say, when capital outflows put downward pressure on the currency. Yet the trilemma also implies that an economy can enjoy both free capital flows and an independent monetary policy, so long as it gives up worrying about its exchange rate.}}
Derived terms
* collaborative economy * command economy * economic * economical * economist * economize * market economy * peer-to-peer economy * planned economy * sharing economyAdjective
(-)- "He bought an economy car."
- "Economy size".
