denominated

Definition

To be expressed in terms of a particular currency unit. For example, a bond could be denominated in yen.

Use denominated in a sentence

The money was finally denominated and I was ready to go, which made me very calm, excited and happy inside.

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When purchasing a bond from a foreign government, buyers must be sure that the bond is denominated in US dollars. If a buyer does not take the time to denominate the foreign governments bond, it will be difficult to analyze the prospective yield.

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For a certain asset such as property, if we speak of it in terms of 100 Yen we have denominated it in Yen, and if we speak of it at the conversion rate, by example, as 10 United States Dollars, then we have denominated it in Dollars.

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