What's the difference between currency and shilling?

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?

Shilling


Definition:

  • (n.) A silver coin, and money of account, of Great Britain and its dependencies, equal to twelve pence, or the twentieth part of a pound, equivalent to about twenty-four cents of the United States currency.
  • (n.) In the United States, a denomination of money, differing in value in different States. It is not now legally recognized.
  • (n.) The Spanish real, of the value of one eight of a dollar, or 12/ cets; -- formerly so called in New York and some other States. See Note under 2.

Example Sentences:

  • (1) The World Bank has revised down growth estimates, and the Kenyan shilling sank to a record low against the dollar in October, pushing food and fuel prices higher.
  • (2) A friend heard the butcher boast five shillings that he would be let off again by the tribunal, for the sixth time.
  • (3) A well-meaning litany of no-nos: don't be racist, don't be sexist, don't be homophobic, don't shill the World Cup to countries with human-rights issues .
  • (4) They charge fees of 3,000 Ugandan shillings – about US$2 – a term.
  • (5) A note on the text The first edition of Dracula appeared in bookshops on 26 May 1897, price six shillings, in a print run (from the publishers Archibald Constable and Co) of some 3,000 copies bound in plain yellow cloth with the one-word title in simple red lettering.
  • (6) One gloomy August afternoon Stevenson took Lloyd's shilling box of water-colours and made a map of an island.
  • (7) I'd go across the street with him and give him a 10-shilling note to get home because he never had any money, and that was it.'
  • (8) "Today I bought a goat, slaughtered, at 25,000 shillings (around £7)," she says, pausing in her shuttle between customers and pot.
  • (9) "The fossil fuel industry and its shills are willing to exploit any crisis and go to any lengths in their effort to extract more dirty fuels and dismantle critical climate policies.
  • (10) With significant donor support from Britain and others, the government has allocated more than 2tn shillings (£856,000) for education in 2010-11, about double its spending on health.
  • (11) They have only to make their papers good enough in order to win, as well as to merit, success, and the resources of a newspaper are not wholly measured in pounds, shillings, and pence.
  • (12) But the health centre hasn't the 200,000 shillings (£56) to pay for it.
  • (13) So why is my overriding desire for the next 12 months to see Morrissey and Marr (and the lawnmower parts ) to put creative differences and court cases behind them, take the shilling for a criminally vulgar reunion concert, and risk tainting my memories?
  • (14) "Some local staff working for NGOs and UN agencies ask for 3,000 shillings [around £20] to give you a food card.
  • (15) You then send between 100 shillings (74p) and 35,000 shillings (£259) via text message to the desired recipient - even someone on a different mobile network - who cashes it at an agent by entering a secret code and showing ID.
  • (16) Osteoarchaeologist Katie Tucker looked again at the bones in the museum when tests showed the team of local historians and residents, and experts from the university, that the bones from St Bartholomew, sold to a 19th-century vicar for 10 shillings as those of Alfred and his family, were centuries too late.
  • (17) The Uganda Red Cross will need to raise 2.5bn shillings (£640,000) for a three-month operation.
  • (18) And by doing so I've learned that Thiago Silva is not going to Barcelona because he has signed a new deal that will deliver a few extra PSG shillings into his pockets and keep him at the Parc des Princes until 2018.
  • (19) A young Treasury minister was once sent out to public meetings to explain currency metrication from the old 20 shillings and 12 pennies.
  • (20) In 1914 the Treasury printed and issued 10 shilling and £1 notes.