tanzanian shilling
Definition
Noun: 1. The basic unit of money in Tanzania: The Tanzanian shilling is the official currency of the United Republic of Tanzania. It is subdivided into 100 cents.
Usage
The term "Tanzanian shilling" is used to refer to the currency itself, its value, or specific amounts of money in Tanzania. It is often abbreviated as TZS.
Examples
Advanced Usage
- Currency Code: In international finance, the Tanzanian shilling is represented by the ISO code TZS.
- Historical Context: The Tanzanian shilling replaced the East African shilling in 1966, following Tanzania's independence.
Variants and Related Words
- Shilling (n): A monetary unit used in several other countries, such as Kenya (Kenyan shilling) and Uganda (Ugandan shilling). The term "shilling" alone does not specify the Tanzanian currency.
- Cent (n): A subunit of the Tanzanian shilling, where 100 cents equal 1 shilling. (Note: Due to inflation, cent coins are rarely used in practice).
Synonyms
- TZS: The official three-letter currency code.
- Tanzanian currency: A more general term.
Notes
- There are no specific idioms or phrasal verbs associated directly with the term "Tanzanian shilling," as it is a proper noun referring to a national currency.
Noun
-
the basic unit of money in Tanzania; equal to 100 cents
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