drachma
pronunciation
How to pronounce drachma in British English:
UK [ˈdrækmə]
How to pronounce drachma in American English:
US ['drækmə]
-
- Noun:
- a unit of apothecary weight equal to an eighth of an ounce or to 60 grains
- formerly the basic unit of money in Greece
Word Origin
- drachma
- drachma: see dram
- drachma (n.)
- 1570s, from Latinized form of Greek drakhme, an Attic coin and weight, probably originally "a handful" (see dram). Earlier in English as dragme (late 14c.), from Old French dragme, from Medieval Latin dragma.
Example
- 1. The devaluation would increase-in drachma terms-greece 's euro indebtedness .
- 2. Argentina never stopped using the peso , but greece discarded the drachma .
- 3. Simply writing off its debts and reclaiming the drachma would trigger economic collapse .
- 4. Foreign-exchange markets would take care of devaluing the drachma relative to other currencies .
- 5. The germans are happily spending deutchmarks again , the greeks are back with the drachma .