What's the difference between currency and transaction?

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?

Transaction


Definition:

  • (n.) The doing or performing of any business; management of any affair; performance.
  • (n.) That which is done; an affair; as, the transactions on the exchange.
  • (n.) An adjustment of a dispute between parties by mutual agreement.

Example Sentences:

  • (1) However, some contactless transactions are processed offline so may not appear on a customer’s account until after the block has been applied.” It says payments that had been made offline on the day of cancellation may be applied to accounts and would be refunded when the customer identified them; payments made on days after the cancellation will not be taken from an account.
  • (2) It would cost their own businesses hundreds of millions of pounds in transaction costs, it would blow a massive hole in their balance of payments, it would leave them having to pick up the entirety of UK debt.
  • (3) The BBA statistics director, David Dooks, said: "It was no surprise to see the January mortgage figures falling back from December, when transactions were being pushed through to beat the end of stamp duty relief.
  • (4) During evidence in chief, he said the only people who would amend a settlement or information about a trade would be "the person who knew of the transaction, who would be the trader."
  • (5) The levy would also confirm the dramatically changing nature of Pakistan's ties with its western partners, from a strategic alliance to a transactional relationship, with deep suspicions on both sides.
  • (6) Several areas of research on childhood asthma are discussed within a transactional model of asthma.
  • (7) Many alternative, more reliable sources of public finance are out there – a tax on financial transactions would provide billions of dollars of new money for developing countries to tackle climate change head on."
  • (8) The spokesman said the role of the branch was fast moving to a “centre for advice” and away from basic transactions.
  • (9) In order for the transaction to process you have to include your full name and address.
  • (10) The temporary ban on dollar clearing means that BNP's clients must engage rival banks to send transactions through the financial system in the US.
  • (11) But when the idea of a transaction with Jeff Bezos came up, it altered my feelings."
  • (12) Contactless payments grew threefold in 2015, with more than a billion “wave and pay” transactions over the year.
  • (13) Hester also pledged that customers from other banks will be repaid for 'knock-on' costs after they were left out of pocket by an IT failure that sent 20m transactions awry.
  • (14) 1985, Transactions of the Royal Society of Tropical Medicine and Hygiene 79, 85-122).
  • (15) In another example, Colorado legislators this month had to pass a new state law to allow for a cannabis co-operative credit union that would let marijuana businesses open bank accounts and escape the murky world of cash-only transactions.
  • (16) These latter data provide indirect evidence that short-lived transacting factor(s) regulate transcription of the human bcl-2 gene in lymphoid cells with or without a t(14;18) translocation.
  • (17) "We look forward to the transaction closing as soon as possible."
  • (18) Sharply escalating the sanctions regime against Tehran, the EU also froze the Iranian central bank's assets in Europe and banned gold, precious metals and diamond transactions.
  • (19) A new perspective is needed--one that accommodates the evolving role of physicians in society, the life-style choices that physicians enable in their patients, and the respective responsibilities of both physicians and patients in physician-patient transactions.
  • (20) In the mid-elementary school-aged child the decentering process emphasized by Piaget, together with the emerging capacity for making allowance for the context within which events occur, leads to the dyadic relationship being seen by the child as being mediated through the transactions of two autonomous mental apparatuses.