austrian schilling
Definition
Noun: - A former monetary unit of Austria: The Austrian schilling was the official currency of Austria before the country adopted the euro. It was subdivided into 100 groschen.
Usage Examples
- Noun:
- Prices in Vienna were listed in both euros and the old austrian schilling for several years after the changeover.
- He found a collection of coins that included several austrian schilling notes.
Advanced Usage
- Historical and economic context: The term is primarily used in historical, financial, or numismatic (coin-collecting) contexts to discuss Austria's pre-economy.
- The stability of the austrian schilling was a point of national pride before European monetary union.
Variants and Related Words
- Schilling: The core unit. Often used interchangeably with "austrian schilling" when the context is clear, though "schilling" can also refer to the former currency of other countries like Kenya.
- ÖS: A common written abbreviation for the Austrian schilling, derived from the German "Österreichischer Schilling".
- ATS: The official ISO 4217 currency code for the Austrian schilling.
Synonyms
- Former Austrian currency: A descriptive synonym.
- ATS: The technical code synonym used in banking and finance.
Related Phrases
- Schilling coin/banknote: Refers to the physical manifestation of the currency.
- The museum exhibit featured a beautiful 500 austrian schilling banknote from the 1960s.
Noun
-
formerly the basic unit of money in Austria
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