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chervonets

or tcher·vo·netz

[cher-voh-nits, -nets; Russian chyir-vaw-nyits]
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noun, plural cher·von·tsi [cher-vohnt-see; Russian chyir-vawn-tsi] /tʃərˈvoʊnt si; Russian tʃyɪrˈvɔn tsɪ/.
  1. a former gold coin and monetary unit of the U.S.S.R., equal to ten rubles.
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Origin of chervonets

1920–25; < Russian chervónets, Old Russian chervon(n)yi a similar gold coin < Polish czerwony a gold coin, literally, red (apparently because gold of a high purity was thought to have a reddish cast), cognate with Czech červený, Serbo-Croatian cr̀ven, cr̀(v)ljen, Bulgarian chervén < Slavic *čṛvljen, orig. past participle of *čṛviti to dye red, derivative of *čṛvĭ worm, kermes (Serbo-Croatian cr̂v, Polish czerw, Russian chervʾ), a by-form of *čṛmĭ; compare OCS chrĭmĭnŭ red; see crimson, vermilion
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

British Dictionary definitions for chervonets

chervonets

noun
  1. (formerly) a Soviet monetary unit and gold coin worth ten roubles
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Word Origin

from Old Russian červonyi, from Old Polish czerwony golden, purple
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012