denominate
verb (used with object)
to give a name to; denote; designate.
Used to describe an ongoing action or state that is currently taking place in the immediate present.
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
Know any friends who are denominating their kids’ college savings accounts in Somali shillings?
From Salon ● Jun. 24, 2012