managed currency


noun

a currency whose value is established and maintained by deliberate governmental action working through national and international financial institutions, in contrast to the quasi-automatic gold standard.

Nearby words

  1. manageability,
  2. manageable,
  3. managed bonds,
  4. managed care,
  5. managed competition,
  6. managed forest,
  7. management,
  8. management accounting,
  9. management buyout,
  10. management company

Origin of managed currency

First recorded in 1920–25

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019


British Dictionary definitions for managed currency

managed currency

noun

a currency that is subject to governmental control with respect to the amount in circulation and the rate of exchange with other currencies
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