deutschmark
Definition
Noun: 1. A former currency unit: The Deutschmark (officially Deutsche Mark) was the official currency of West Germany (1948-1990) and later unified Germany (1990-2002) before being replaced by the euro. It was often symbolized as DM.
Usage Examples
- Noun:
- Before the euro, prices in Germany were listed in deutschmarks.
- My grandfather still has some old deutschmark coins in a collection.
- The economic stability of post-war Germany was bolstered by the strong deutschmark.
Advanced Usage
- Historical/Financial Context: The term is primarily used in historical or economic discussions about 20th-century Germany.
- The Bundesbank's policies were crucial in maintaining the value of the deutschmark.
Variants and Related Words
- Deutsche Mark: The full, official name for the currency.
- D-Mark (DM): A common abbreviation and colloquial term.
- Mark: A shorter, informal reference (though this can also refer to older German currencies).
Synonyms
- German mark: An alternative English name.
- DM: The common abbreviation.
Notes on Meaning
- This word refers specifically to a historical currency. It is not used for contemporary financial transactions in Germany, which now use the euro.
- It often carries connotations of post-war German economic recovery and stability.
Noun
-
formerly the basic unit of money in Germany
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