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.

Noun

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