From Longman Dictionary of Contemporary EnglishRelated topics: Currenciessingle currencyˌsingle ˈcurrency noun [singular]PECa unit of money that is shared by several different countries
Europe is moving steadily towards a single currency.Examples from the Corpussingle currency• If at some stage we entered into a single currency, we should have to deal with a different matter.• The engine that is meant to pull the unity Euro-train is a single currency.• The Leader of the Opposition previously expressed three conditions for joining a single currency.• I believe that it is possible to have a perfectly satisfactorysingle market without a single currency.• It came at a moment when skepticism over the pace toward full economicunion and the single currency has been mounting.• One of these is, of course, the single currency.• Countries that meet this criteria by 1998 will qualify for the single currency.• Few, though, believe Britain will join the single currency when it is scheduled to begin in January 1999.From Longman Business Dictionarysingle currencyˌsingle ˈcurrency [countable, uncountable]FINANCEthe EURO, the commoncurrencyintroduced in many European Union countries in 1999Some countries in the EU, such as Britain, have still not joined the single currency. →currency