swiss franc

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swiss franc

The shopkeeper accepts payment in Swiss francs.

Definition
  1. Noun:
    • The basic unit of money in Switzerland: The Swiss franc is the official currency of Switzerland and Liechtenstein. It is a major global currency known for its stability.
Usage Examples
  • Noun:
    • The hotel room costs 200 Swiss francs per night.
    • He exchanged his euros for Swiss francs at the bank.
    • The price is listed in Swiss francs, not US dollars.
Advanced Usage
  • As a financial benchmark: The Swiss franc is often considered a "safe-haven" currency during times of global economic uncertainty.
    • Investors flocked to the Swiss franc during the market turmoil.
Variants and Related Words
  • CHF: The official ISO 4217 currency code for the Swiss franc, commonly used in banking and finance.
    • The transfer amount is CHF 1,500.
  • Franc: A general term for several currency units, with the Swiss franc being one specific type.
  • Rappen: The subunit of the Swiss franc, where 100 Rappen equal 1 Swiss franc (similar to cents for a dollar).
Synonyms
  • CHF: (The currency code, used as a synonym in financial contexts).
  • Swiss currency: (A more general descriptive term).
Related Phrases
  • Franc zone: Although more commonly associated with the CFA franc, this term refers to areas using currencies named "franc."
  • Hard currency: A term describing a globally stable and reliable currency, which applies to the Swiss franc.
swiss franc

The shopkeeper accepts payment in Swiss francs.

Noun
  1. the basic unit of money in Switzerland

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