Definition

1. Noun:
   • The basic unit of money in the Cayman Islands: The "cayman islands dollar" is the official currency of the Cayman Islands, a British Overseas Territory. It is the standard monetary unit used for all financial transactions within the territory.

Usage Examples

• Noun:
  • The price for the tour is fifty cayman islands dollars.
  • You can exchange your US dollars for cayman islands dollars at the airport.
  • The cayman islands dollar is pegged to the US dollar at a fixed rate.

Advanced Usage

• As a measure of value: The term is used to denote the monetary value of goods, services, or assets within the Cayman Islands' economy.
  • The fund's assets are valued in cayman islands dollars.

Variants and Related Words

• Cayman Islands dollar (abbreviation: KYD): The official three-letter currency code used in international finance and banking.
  • The transaction was settled in KYD.
• Dollar: The general term for the currency unit; other countries using "dollars" include the United States, Canada, and Australia.

Synonyms

• KYD: The official abbreviation and a direct synonym in financial contexts.
• Currency of the Cayman Islands: A descriptive synonym.

Related Phrases

• Cayman Islands dollar banknote: Refers to the paper money of this currency.
  • He paid with a cayman islands dollar banknote.
• Cayman Islands dollar coin: Refers to the metallic money of this currency.
  • I need some cayman islands dollar coins for the vending machine.

Noun

1. the basic unit of money in the Cayman Islands