redenomination

[US]/ˌriːdɪˈnəʊmɪneɪʃən/
[UK]/ˌriːdəˈnəʊmɪneɪʃən/
Frequency: Very High

Translation

n.the act of changing the face value of a currency

Phrases & Collocations

currency redenomination

redenomination process

redenomination policy

redenomination impact

redenomination scheme

redenomination effects

redenomination announcement

redenomination date

post-redenomination

redenomination plan

Example Sentences

the country decided to implement a redenomination of its currency.

redenomination can help simplify financial transactions.

many citizens were confused by the redenomination process.

experts believe redenomination can stabilize the economy.

after the redenomination, prices were adjusted accordingly.

redenomination often involves removing zeros from the currency.

the government announced a redenomination plan to combat inflation.

redenomination can lead to a temporary increase in prices.

public education is essential during a redenomination to avoid panic.

investors reacted positively to the news of redenomination.

Popular Words

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