Definition

1. Noun:
   • The basic unit of money in Canada: The "Canadian dollar" is the official currency of Canada. It is the standard monetary unit used for all financial transactions within the country.

Usage Examples

• Noun:
  • The price of the book is twenty Canadian dollars.
  • I need to exchange my euros for Canadian dollars before my trip to Toronto.

Advanced Usage

• "Loonie": A common, informal nickname for the one-dollar coin, derived from the image of a loon on its reverse side.
  • I found a loonie on the sidewalk.
• "Toonie": The informal name for the two-dollar coin.
  • The bus fare is a toonie.

Variants and Related Words

• CAD: The official ISO 4217 currency code for the Canadian dollar, used in international finance and foreign exchange markets.
  • The exchange rate is 1.35 CAD to 1 USD.
• Loonie: (noun) Informal term for the Canadian one-dollar coin.
• Toonie: (noun) Informal term for the Canadian two-dollar coin.

Synonyms

• Currency of Canada: A descriptive synonym.
• CAD: The official financial code synonym.

Related Phrases

• Canadian dollar equivalent: The value in Canadian dollars.
  • Please provide the Canadian dollar equivalent of the invoice.
• Strong/weak Canadian dollar: Describing the currency's exchange rate value.
  • A strong Canadian dollar benefits importers.

Related Idioms

(No specific idioms are directly formed with the term "Canadian dollar" itself. Idioms typically involve the more general term "dollar.")

Noun

1. the basic unit of money in Canada
   • the Canadian dollar has the image of loon on one side of the coin