franc

[frangk, frahn]

noun

plural

francs 

1. an aluminum or nickel coin and monetary unit of France, Belgium, and Luxembourg until the euro was adopted, equal to 100 centimes. F., f., Fr, fr.

2. any of the monetary units of various other nations and territories, as Liechtenstein, Martinique, Senegal, Switzerland, and Tahiti, equal to 100 centimes.

3. a former silver coin of France, first issued under Henry III.

4. a former monetary unit of Algeria, Guinea, and Morocco.

franc

/ fræŋk, frɑ̃ /

noun

1. Also called: French franc. the former standard monetary unit of France, most French dependencies, Andorra, and Monaco, divided into 100 centimes; replaced by the euro in 2002

2. the former standard monetary unit of Belgium ( Belgian franc ) and Luxembourg ( Luxembourg franc ), divided into 100 centimes; replaced by the euro in 2002

3. Also called: Swiss franc. the standard monetary unit of Switzerland and Liechtenstein, divided into 100 centimes

4. Also called: franc CFA.  CFA franc.  franc of the African financial community. the standard monetary unit, comprising 100 centimes, of the following countries: Benin, Burkina Faso, Cameroon, the Central African Republic, Chad, Congo-Brazzaville, Côte d'Ivoire, Equatorial Guinea, Gabon, Guinea-Bissau, Mali, Niger, Senegal, and Togo

5. the standard monetary unit of Burundi ( Burundi franc ), Comoros ( Comorian franc ), Democratic Republic of Congo (formerly Zaïre; Congolese franc ), Djibouti ( Djibouti franc ), Guinea ( Guinea franc ), Madagascar ( franc malgache ), Rwanda ( Rwanda franc ), and French Polynesia and New Caledonia ( French Pacific franc )

Word History and Origins

Origin of franc¹

First recorded in 1350–1400; Middle English frank, from Middle French franc, so called because the coin was first inscribed with the name of the king as Medieval Latin Rēx Francōrum “King of the Franks”; Frank ¹ ( def. ); frank ¹ ( def. )

Example Sentences

The company aims to save 3 billion Swiss francs by the end of 2027, an increase from its previous goal of 2.5 billion Swiss francs.

Read more on Barron's

The layoffs include 12,000 white-collar jobs over the next two years, saving the company one billion Swiss francs -- which it said was double what had been previously planned.

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Then again, so did pretty much everything — land, a gallon of gasoline, a bottle of whiskey, French francs, and so on.

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Analysts had anticipated an average of 5.745 billion francs for sales in the period, according to consensus compiled by the company.

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Meanwhile, data Monday raised speculation that the Swiss National Bank could be intervening to stem the franc’s rise.

Read more on The Wall Street Journal