greenback
pronunciation
How to pronounce greenback in British English: UK [ˈgri:nbæk]
How to pronounce greenback in American English: US [ˈɡrinˌbæk]
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- Noun:
- a piece of paper money (especially one issued by a central bank)
Word Origin
- greenback (n.)
- "U.S. dollar bill," 1862, so called from the time of their introduction, from green (adj.) + back (n.); bank paper money printed in green ink had been called this since 1778 (as opposed to redbacks, etc.).
Example
- 1. Faith in the greenback is waning .
- 2. The greenback provided financial stability and made ecuador attractive for foreign players and coaches .
- 3. After falling as low as 77 american cents during the recession , the canadian dollar has now returned to rough parity with the greenback .
- 4. As for china , the yuan is close to its fair value against the greenback on the adjusted measure , although both are undervalued against many other currencies .
- 5. Chinese officials have also discussed in private the need to diversify reserves out of dollars in order to reduce exposure to a big drop in the greenback .