Definition

Noun: 1. A unit of currency: A "lumma" is a monetary unit used in Armenia. It is a subunit of the dram, with 100 lumma equaling 1 dram.

Usage Notes

• "Lumma" is a specific financial term related to Armenian currency.
• It functions similarly to how "cent" relates to "dollar" or "penny" relates to "pound".
• In modern usage, the lumma is largely obsolete for everyday transactions due to its very small value, but it remains the official subdivision of the dram.

Examples

• The price was listed as 250 drams and 50 lumma.
• One hundred lumma make a single dram.

Advanced Usage

• The term is primarily used in historical or formal financial contexts, such as on older banknotes or in official currency descriptions.

Variants and Related Words

• Dram (noun): The primary monetary unit of Armenia, subdivided into 100 lumma.

Synonyms

• Subunit
• Fractional currency unit

Noun

1. 100 lumma equal 1 dram in Armenia