lek
Definition
Noun: 1. The basic unit of money in Albania: The lek is the official currency of Albania. It is subdivided into 100 qindarka, though qindarka are no longer used in practice due to their low value.
Usage
The word "lek" is used as a countable noun to refer to the Albanian currency, both in its physical form (coins and banknotes) and as a unit of monetary value. It follows standard pluralization rules (leks).
Examples
- Noun:
- The price for the souvenir was 500 leks.
- I need to exchange my euros for Albanian leks before my trip.
- He gave me a 1000 lek banknote.
Advanced Usage
- Currency Codes: In international finance, the Albanian lek is represented by the currency code ALL (Albanian Lek).
- Historical Context: The lek was introduced in 1926, replacing the previous currency, the Albanian franc.
Variants and Related Words
- Qindarkë (noun, plural: qindarka): The former subdivision of the lek, equal to 1/100 of a lek. While still the official subdivision, qindarka coins are not in active circulation.
- Leku (noun): The term used in the Albanian language for the currency. "Lek" is the anglicized form.
Synonyms
- Currency: A system of money in general use in a particular country.
- Monetary unit: The standard unit of value of a currency.
Notes
- There is no direct equivalent idiom or phrasal verb using "lek" in English, as it is a proper noun referring specifically to the Albanian currency.
Noun
-
the basic unit of money in Albania
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