What's the difference between banknote and currency?

Banknote


Definition:

Example Sentences:

  • (1) He also announced that the Bank would carry out a review of the process for selecting the historical figures who appear on banknotes, to ensure that a diverse range of figures is represented.
  • (2) Bank of England urged to make new £5 note vegan-friendly Read more It decided earlier this year not to withdraw plastic £5 banknotes from circulation and said it would push ahead with production of the new £10 polymer note featuring Jane Austen, which is to be issued in September.
  • (3) In a letter to the Conservative MP Mary Macleod, Carney said he had raised the issue of women's representation on banknotes with colleagues on Monday, his first day in the job.
  • (4) There’s also extended soft-wear contact lenses, Aerogard insect repellent and polymer banknotes.
  • (5) As well as a “bimetallic” construction similar to the existing £2 coin, the new £1 will feature new banknote-strength security pioneered at the Royal Mint’s headquarters in Llantrisant, South Wales.
  • (6) Their achievements knock spots off Austen and most of the men currently on our banknotes too.
  • (7) Their high-profile campaigns – to have women on banknotes , challenge online misogyny and banish Page 3 , for example – though necessary and praiseworthy, do not reflect the most pressing needs of the majority of women, black and minority-ethnic women included.
  • (8) In the early hours of 8 August 1963, beside a railway line in Buckinghamshire, Bruce Reynolds and 14 other men halted the Glasgow-London night express at Bridego bridge, broke into a Royal Mail coach and, in a swift and perfectly executed operation, departed with £2,631,684 in used banknotes.
  • (9) HSBC offered instead to provide him or a colleague with sterling banknotes in Switzerland, recording, “what he decided to do with friends of his … was his affair”.
  • (10) The structure is renowned across the world as an incredible feat of engineering so it was a fitting choice for a ground-breaking new banknote."
  • (11) Sir Mervyn King, the Bank's former governor, had let slip to MPs that the author of Pride and Prejudice was "waiting in the wings" as a potential candidate to feature on a banknote, and his successor, Mark Carney, confirmed on Wednesday that she would feature, probably from 2017.
  • (12) Why don't we have one of our great women scientists like Elizabeth Garrett Anderson and a suffragette like Emmeline Pankhurst on our banknotes?"
  • (13) Carney launched a public consultation on polymer banknotes , seen as cleaner and more durable, shortly after arriving at the Bank this summer.
  • (14) Facebook Twitter Pinterest A bank clerk counts Chinese banknotes in Huaibei, Anhui province.
  • (15) Given the unfolding scandal gripping the City, it seems more pertinent to say that if you spot a banknote sticking out of someone's pocket then your eyes are deceiving you – or else somebody else would have pinched it.
  • (16) Facebook Twitter Pinterest Caroline Criado-Perez received threats via Twitter after her campaign to have Jane Austen featured on banknotes.
  • (17) The Bank of England is considering introducing plastic-like polymer banknotes in Britain.
  • (18) Facebook Twitter Pinterest The new banknotes are printed on polymer, a thin flexible plastic film, which is seen as more durable and more secure.
  • (19) Amid all the big decisions, there's one other burning responsibility – the issue of whose images should adorn the banknotes in the purses and back pockets of the nation.
  • (20) India's banknote ban: how Modi botched the policy yet kept his political capital Read more The decisive win was interpreted as a broad endorsement of Modi’s decision last November to invalidate 86% of all currency in circulation as part of an anti-corruption drive.

Currency


Definition:

  • (n.) A continued or uninterrupted course or flow like that of a stream; as, the currency of time.
  • (n.) The state or quality of being current; general acceptance or reception; a passing from person to person, or from hand to hand; circulation; as, a report has had a long or general currency; the currency of bank notes.
  • (n.) That which is in circulation, or is given and taken as having or representing value; as, the currency of a country; a specie currency; esp., government or bank notes circulating as a substitute for metallic money.
  • (n.) Fluency; readiness of utterance.
  • (n.) Current value; general estimation; the rate at which anything is generally valued.

Example Sentences:

  • (1) For a union that, in less than 25 years, has had to cope with the end of the cold war, the expansion from 12 to 28 members, the struggle to create a single currency and, most recently, the eurozone crisis, such a claim risks accusations of hyperbole.
  • (2) Silvio Berlusconi's government is battling to stay in the eurozone against mounting odds – not least the country's mountain of state debt, which is the largest in the single currency area.
  • (3) Because while some of these alt-currencies show promise, many aren't worth the paper they're not printed on.
  • (4) Gavin Andresen, formerly the chief scientist at the currency’s guiding body, the Bitcoin Foundation, had been the most important backer of the man who would be Satoshi.
  • (5) • Criminal sanctions should be introduced for anyone who attempts to manipulate Libor by amending the Financial Services and Market Act to allow the FSA to prosecute manipulation of the rate • The new body that oversees the administration of Libor, replacing the BBA, should introduce a "code of conduct" that requires submissions to be corroborated by trade data • Libor is set by a panel of banks asked the price at which they expect to borrow over 15 periods, from overnight to 12 months, in 10 currencies.
  • (6) That was what the earlier debate over “currency wars” – when emerging markets complained about being inundated by financial inflows from the US – was all about.
  • (7) The initial impact was felt on the local currency market where a shortage of foreign exchange caused a looming crisis.
  • (8) Single-currency membership has no bearing on the foreign policy post.
  • (9) By easing these huge flows of hundreds of billions across borders, the single currency played a material role in causing the continent's crisis.
  • (10) This deal also promotes the separation of the single market and single currency – a British objective for many years that would have been unthinkable in the Maastricht era.
  • (11) Investors recognised the true horror of Europe’s toxic bank debts, and the restrictions imposed by the single currency.
  • (12) But he added: “It’s also true that extremely low oil prices, adverse changes in currency rates, and a further decline in power prices are having a significant effect on our business.” Tony Cocker, the chief executive of E.ON UK, said milder weather and improved energy efficiency in British homes were behind the fall in power use, hitting sales.
  • (13) It announced that it would phase out the dual currency system.
  • (14) It is one of six banks involved in talks with the Financial Conduct Authority over alleged rigging in currency markets and Ross McEwan, marking a year as RBS boss, also pointed to a string of other risks in a third quarter trading update.
  • (15) Spain was the worst hit of the currency bloc's major economies with a 0.8% drop in industrial production.
  • (16) But Frank argues the disastrous attempt at curbing markets through currency reform in 2009 has shown the cost of turning back from change.
  • (17) The survey also found that Osborne's currency union veto made 30% more likely to vote no with only 13% more inclined to vote yes.
  • (18) Eurozone leaders ooze confidence that Greece’s financial collapse could be easily weathered by the rest of the currency bloc.
  • (19) But persistent falls in the currency’s value during December towards the previous low point has increased the cost of imported goods and forced businesses to say that price rises are in the pipeline.
  • (20) Updated at 2.48pm GMT 1.42pm GMT Another question riffing off Britain's EU referendum - how will Europe draw up new structures such as co-ordinated banking supervision when some members of the EU are refusing to ever join the single currency?