renminbi - definition in the Business English Dictionary - Cambridge Dictionaries Online

Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “renminbi”

renminbi

noun [S or U]
 
 
/renˈmɪnbi/
MONEY the currency used in China: The word "renminbi" means "the people's currency". Its use is similar to that of "sterling" when referring to the UK currency. Yuan is the name of the main unit of the renminbi currency. You will find that "renminbi" is sometimes used when quoting prices, as in " two thousand renminbi", but this is not strictly correct, and you should say "two thousand yuan" or "two thousand renminbi yuan". The renminbi is fixed against the dollar.
→  See also yuan
(Definition of renminbi from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of renminbi?
Add Cambridge dictionaries to your browser to your website

Definitions of “renminbi” in other dictionaries

Word of the Day

cost/charge the earth

to cost, charge, etc. a lot of money

Word of the Day

The language of elections

by Liz Walter,
April 22, 2015
On May 7th, citizens of the UK will be going to the polls (having an election) to decide who will form the next government. This kind of election is known as a general election. The country is divided into 650 areas, called constituencies. Each constituency elects a member of parliament (MP) to

Read More 

dumbwalking noun

April 20, 2015
walking slowly, without paying attention to the world around you because you are consulting a smartphone He told me dumbwalking probably wouldn’t be a long-term problem.

Read More