What's the difference between currency and shekel?

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?

Shekel


Definition:

  • (n.) An ancient weight and coin used by the Jews and by other nations of the same stock.
  • (n.) A jocose term for money.

Example Sentences:

  • (1) I have already instructed to stop about 30m shekels (£6.3m) in funding to five UN bodies that are especially hostile to Israel ... and there is more to come,” he said, without giving any further details.
  • (2) Construction costs are expected to vastly exceed the 1.3bn-shekel (£224m) budget.
  • (3) What can a few shekels do at the end of the day?” Hanan asks.
  • (4) Then the Red Cross got in contact and said he was in an Israeli prison.” There, Mohammed received two salaries: the 400 shekels a month paid to prisoners by the Palestinian Authority, and another 400 from prison work.
  • (5) Olmert was found guilty in 2014 of two bribery charges – accepting 500,000 shekels (£90,000) from developers of a Jerusalem real estate project and 60,000 shekels in a separate land deal.
  • (6) Stanley Fischer, Israel's central bank governor (3 October) There is no doubt that without intervention the shekel would be much stronger.
  • (7) Chicken – this large one cost 60 shekels (£10.60) – is a once-a-week treat.
  • (8) The prime minister, Binyamin Netanyahu, said the decision by his rightwing cabinet to allocate the extra 70 million shekels was in response to concerns about the security of existing Israeli settlements.
  • (9) The family say they receive 1,500 shekels (£250), from the Hamas government, approximately every three months.
  • (10) Ruling in December on his appeal, the supreme court said it had not been proven beyond a reasonable doubt that Olmert had solicited the 500,000 shekels, and cut his jail term to 18 months.
  • (11) According to the central bureau of statistics, 41% of Israelis are in a constant state of overdraft with more than a third owing at least 10,000 shekels (£1,650), and most blaming the high cost of living.
  • (12) They never reach 10 shekels a day,” says Diab, who adds: “I don’t support Fatah or Hamas – they don’t do anything for the population … We just crave a normal life, like anyone outside of Gaza.
  • (13) Now the company has demanded payment of the bill, which has risen to 9m shekels including interest.
  • (14) A virgin automatically becomes the wife of her rapist, who is then required to pay the victim’s father 50 shekels for the loss of his property rights.
  • (15) Roi's monthly take-home pay of 5,500 shekels (£940) went on nursery fees for their two young daughters, she said.
  • (16) Five thousand years ago, a shekel was a unit of weight – usually barley.
  • (17) The ministerial committee for legislation passed two bills, one of which limits all funding for non-governmental organisations from foreign bodies, including the United Nations, to 20,000 shekels (£3,300) a year.
  • (18) The Israeli prime minister unveiled the proposal during a tour of the Jordan border area in Israel’s south, adding that the project – which would cost billions of shekels – would also be aimed at solving the problem of Hamas infiltration tunnels from Gaza, a recent source of renewed concern.
  • (19) You can’t pass the checkpoint with a shekel [coin] let alone a knife.
  • (20) The church, which attracts more than 1 million pilgrims each year, has been issued with a 9m shekel (£1.5m) water bill, backdated 15 years to when the supply was taken over by a new company, Hagihon.

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