taka

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taka

A shopkeeper counts out several taka notes for a customer.

Definition

Noun: - The basic unit of money in Bangladesh: The taka is the official currency of Bangladesh. It is subdivided into 100 smaller units called paisa.

Usage

The word "taka" is used primarily as a countable noun to refer to the currency itself, its units, or specific amounts of money in Bangladesh. - It is often preceded by a number or a quantifier (e.g., one, fifty, several). - The standard currency code is BDT, and the symbol is ৳.

Examples
  • Noun:
    • The price of the book is two hundred taka.
    • She exchanged her dollars for Bangladeshi taka at the bank.
    • Do you have any small taka notes for the bus fare?
Advanced Usage
  • "Taka" in economic contexts: The term is used in financial reports, exchange rate discussions, and economic analyses concerning Bangladesh.
    • The value of the taka fluctuated against the US dollar this quarter.
  • Symbolic use: Sometimes used to represent the Bangladeshi economy or market in a broader sense.
    • Investments in the country are priced in taka.
Variants and Related Words
  • Paisa (noun): A subunit of the taka; 100 paisa equal 1 taka. (Note: Due to inflation, paisa coins are now rarely used.)
  • BDT: The official three-letter currency code (ISO 4217) for the Bangladeshi taka.
Synonyms
  • Currency: The system of money used in a country. (This is a general synonym, not specific to Bangladesh.)
  • Money: A general term for the medium of exchange.
Important Notes
  • The word "taka" is specific to Bangladesh. Do not confuse it with similar-sounding currency names in other regions.
  • The plural form is typically "taka" (e.g., ), not "takas," though "takas" is sometimes seen in informal contexts.
taka

A shopkeeper counts out several taka notes for a customer.

Noun
  1. the basic unit of money in Bangladesh; equal to 100 paisa