common currency
The term "common currency" can refer to both a shared monetary system and a widely accepted idea or practice.
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Definition
B2Economics
(technical)A system of money used by multiple countries to facilitate trade and economic integration.
Example
- The Euro is a common currency used by many countries in the European Union.
B2General
(figurative)A widespread idea, practice, or standard that is widely accepted.
Example
- The concept of remote work has become common currency in today's job market.
Similar
Terms that have similar or relatively close meanings to "common currency":
virtual currencysingle moneycurrency signcoin of the realmcurrency strap