What's the difference between currency and sterling?

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?

Sterling


Definition:

  • (n.) Same as Starling, 3.
  • (n.) Any English coin of standard value; coined money.
  • (n.) A certain standard of quality or value for money.
  • (a.) Belonging to, or relating to, the standard British money of account, or the British coinage; as, a pound sterling; a shilling sterling; a penny sterling; -- now chiefly applied to the lawful money of England; but sterling cost, sterling value, are used.
  • (a.) Genuine; pure; of excellent quality; conforming to the highest standard; of full value; as, a work of sterling merit; a man of sterling good sense.

Example Sentences:

  • (1) As players, we want what's right, and we feel like no one in his family should be able to own the team.” The NBA has also said that Shelly Sterling should not remain as owner.
  • (2) McDonald said cutting better deals with suppliers and improving efficiency as well as raising some prices had only partly offset the impact of sterling’s fall against the dollar.
  • (3) But if they spurn it, Scotland can continue using sterling anyway.
  • (4) The National Basketball Players Association has asked the NBA to ban Sterling from attending playoff games and to impose the league's maximum penalties if the comments are verified to be his.
  • (5) Roy Hodgson has opted for youth in his 23-man squad for the World Cup, with Everton's Ross Barkley , 20, and Liverpool's Raheem Sterling, 19, the most eye-catching inclusions for Brazil.
  • (6) The Liverpool manager was incensed by Lee Mason's performance at the Etihad Stadium on Boxing Day, when a 2-1 defeat cost his team the Premier League leadership and Raheem Sterling had a first half goal disallowed for an incorrect offside call.
  • (7) Sterling was left out of the team for that match, coming off the bench to win the free-kick from which Wayne Rooney scored the only goal, which led to accusations he had said he did not want to play.
  • (8) Analysts at Goldman Sachs are warning that sterling could fall by up to 20% if Britain votes to leave the European Union .
  • (9) It’s the young Brazilian’s last heavy touch of the evening: he’s hooked for Sterling.
  • (10) Manchester City frustrated by Everton and Sterling’s late penalty claim Read more More than anyone, Giroud took the game to Liverpool.
  • (11) When he had those Aids I went to my synagogue and I prayed for him.” Sterling said he admired Johnson, 53, as a “good” man, then contradicted himself.
  • (12) 4.11pm BST 53 mins: A symbol of the way things are going for Liverpool: they finally do play a good pass, from Johnson between Newcastle's full-back and centre-half, and Sterling reacts too slowly to fully take advantage of it.
  • (13) My sense is that a stronger mandate and more time would allow a more patient approach and a softer Brexit, probably more in line with May’s instincts.” The FTSE 100 index Deutsche Bank declared that the general election was a “game changer” for the pound, forcing it to tear up its sterling forecasts.
  • (14) Sterling has faced previous accusations of racism related to the Clippers and his property empire.
  • (15) Hodgson, who has been giving strong consideration to calling up Chris Smalling, has debated his selection at length with Pearce and agreed that it would be better for Zaha, Sterling and Shelvey to get tournament experience rather than being involved in the trip to Rio.
  • (16) Whether Sterling boards the flight to Bangkok remains to be seen.
  • (17) While their defending still leaves much to be desired, particularly from set-pieces, their football under Rodgers has been refreshingly electric, with Luis Suarez, Coutinho, Jordan Henderson and Raheem Sterling in wonderful form.
  • (18) Unfortunately, a provision in the deal ensures that Sterling’s estranged wife Shelly, current trustee of the Sterling Family Trust, will remain associated with the team as its “owner emeritus and No1 fan”.
  • (19) We have played against Sterling before and we know how good he is as an individual .
  • (20) He tries to slide a pass through to Sterling but it's cut out, only for Coutinho to pick up the pieces on the left.