What's the difference between currency and exchange?

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?

Exchange


Definition:

  • (n.) The act of giving or taking one thing in return for another which is regarded as an equivalent; as, an exchange of cattle for grain.
  • (n.) The act of substituting one thing in the place of another; as, an exchange of grief for joy, or of a scepter for a sword, and the like; also, the act of giving and receiving reciprocally; as, an exchange of civilities or views.
  • (n.) The thing given or received in return; esp., a publication exchanged for another.
  • (n.) The process of setting accounts or debts between parties residing at a distance from each other, without the intervention of money, by exchanging orders or drafts, called bills of exchange. These may be drawn in one country and payable in another, in which case they are called foreign bills; or they may be drawn and made payable in the same country, in which case they are called inland bills. The term bill of exchange is often abbreviated into exchange; as, to buy or sell exchange.
  • (n.) A mutual grant of equal interests, the one in consideration of the other. Estates exchanged must be equal in quantity, as fee simple for fee simple.
  • (n.) The place where the merchants, brokers, and bankers of a city meet at certain hours, to transact business. In this sense often contracted to 'Change.
  • (n.) To part with give, or transfer to another in consideration of something received as an equivalent; -- usually followed by for before the thing received.
  • (n.) To part with for a substitute; to lay aside, quit, or resign (something being received in place of the thing parted with); as, to exchange a palace for cell.
  • (n.) To give and receive reciprocally, as things of the same kind; to barter; to swap; as, to exchange horses with a neighbor; to exchange houses or hats.
  • (v. i.) To be changed or received in exchange for; to pass in exchange; as, dollar exchanges for ten dimes.

Example Sentences:

  • (1) In crosses between inverted repeats, a single intrachromatid reciprocal exchange leads to inversion of the sequence between the crossover sites and recovery of both genes involved in the event.
  • (2) Alleles in this region can be exchanged between X and Y chromosomes and are therefore inherited as if autosomal.
  • (3) He said: "Monetary policy affects the exchange rate – which in turn can offset or reinforce our exposure to rising import prices.
  • (4) Electron self-exchange has been measured by an NMR technique for horse-heart myoglobin.
  • (5) The influence of blood and blood-product therapy was studied in two groups of children: 1) 90 children who had exchange transfusion after birth because of serologic incompatibility (aged 5 months to 5 years).
  • (6) I usually use them as a rag with which to clean the toilet but I didn’t have anything else to wear today because I’m so fat.” While this exchange will sound baffling to outsiders, to Brits it actually sounds like this: “You like my dress?
  • (7) Resorption of calcium and depositon of inorganic phosphates in the implanted ceramics suggested that ions were being exchanged with the body fluids.
  • (8) We propose that, for a GC base pair in B conformation, there are two amino proton exchangeable states--a cytosine amino proton exchangeable state and a guanine amino proton exchangeable state; both require the disruption of only the corresponding interbase H bond.
  • (9) Several aminoacyl-tRNA synthetases are herein shown to catalyze the AMP----ADP and ADP----ATP exchange reactions (in the absence of tRNAs) by utilizing a transfer of the gamma-phosphate of ATP to reactive AMP and ADP intermediates that are probably the mixed anhydrides of the nucleotide and the corresponding amino acid.
  • (10) To gain more information about sources of activator Ca2+ involved in the contraction of rat and guinea-pig aorta evoked by angiotensin II and their sensitivity to Ca2+ entry blockers, measurement of slowly exchanging 45Ca2+ was established.
  • (11) Deuterium-labeled aspirin (2-acetoxy[3,4,5,6-2H4]benzoic acid) was synthesized from salicylic acid by catalytic exchange and subsequent acetylation.
  • (12) Pulmonary gas exchange and hemodynamics were compared on the day of transplantation (day 0) and 3 days later (day 3).
  • (13) Acute isovolemic anemia was produced in anesthetized chickens by serial exchanges of 6% dextran 70 equal to 1% of body weight to quantitate cardiovascular and metabolic parameters.
  • (14) By contrast, there was a rapid exchange of tracer Leu carbon between placenta and fetus resulting in a significant flux of labeled KIC from placenta to fetus.
  • (15) Moreover, it is the recombinant p70 polypeptides of slowest mobility that coelute with S6 kinase activity on anion-exchange chromatography.
  • (16) Bio-Rex 70, a carboxylic acid cation exchanger, is studied as a biological ion-exchanger resin model for cellular cytoplasm.
  • (17) Three triacetinases (A, B and C) were shown to undergo reciprocal conversions under storage and during some purification procedures (effect of pH, ionic strength, ion-exchange chromatography, concentration, lyophilization, etc.).
  • (18) Under normal conditions (venous PO2 greater than or equal to 40 mm Hg), oxygen delivery to the muscle was maintained mainly by large increases in the capillary exchange capacity and the oxygen extraction ratio in accord with tissue demand following the application of the above stresses.
  • (19) By allelic exchange using cloned PI genes from FA19 (PIA) and MS11 (PIB) and a selectable marker introduced closely downstream of these genes, we constructed sets of isogenic gonococcal strains that differ only in their PI gene.
  • (20) The unidirectional Cl- fluxes may have significant contributions from both the transcellular and paracellular pathways, with the direction of departure from predicted values being consistent with the presence of Cl- exchange diffusion.