currency unfit for circulation
简明释义
不适宜流通的货币
英英释义
Currency that is damaged, worn out, or otherwise not suitable for use in transactions. | 损坏、磨损或以其他方式不适合用于交易的货币。 |
例句
1.After the storm, many coins were found damaged and deemed currency unfit for circulation.
风暴过后,许多硬币被发现受损,被认为是不适合流通的货币。
2.The government issued a statement about the currency unfit for circulation that had been reported by citizens.
政府发布声明,关于市民报告的不适合流通的货币。
3.The bank refused to accept the old bills, declaring them as currency unfit for circulation.
银行拒绝接受这些旧钞票,称它们为不适合流通的货币。
4.The shop owner had to refuse the payment because it was made with currency unfit for circulation.
店主不得不拒绝这笔付款,因为是用不适合流通的货币支付的。
5.During the audit, several notes were identified as currency unfit for circulation due to excessive wear.
在审计过程中,几张钞票因过度磨损被识别为不适合流通的货币。
作文
In today's economy, the term currency unfit for circulation refers to money that is no longer usable in everyday transactions. This can occur for several reasons, including physical wear and tear, damage, or changes in legal tender status. When we think about currency, we often envision crisp banknotes and shiny coins; however, not all forms of money remain in perfect condition throughout their lifecycle. Currency unfit for circulation can lead to significant problems within an economy, affecting both consumers and businesses alike.One of the primary reasons why currency becomes unfit for circulation is due to physical deterioration. Paper currency, for instance, is subject to wear from being handled repeatedly. Over time, notes can become torn, stained, or faded, making them difficult to identify or accept as valid payment. Similarly, coins can become worn down, losing their distinctive markings and value. When currency reaches a state where it cannot be easily recognized or used, it is deemed unfit for circulation, prompting the need for replacement.Another factor contributing to currency unfit for circulation is the introduction of new designs or denominations by central banks. For example, when a country decides to issue a new series of banknotes with enhanced security features, older notes may be phased out. While these older notes may still hold value, they may no longer be accepted by businesses or financial institutions, rendering them effectively unfit for circulation. In such cases, individuals must exchange their old notes for the new currency to continue participating in the economy.The implications of having currency unfit for circulation extend beyond mere inconvenience. When large amounts of currency become unusable, it can lead to liquidity issues in the economy. Businesses rely on cash transactions to maintain their operations, and if they are unable to accept legitimate currency, it can hinder sales and disrupt cash flow. Furthermore, consumers may find themselves in a position where they cannot make purchases, leading to frustration and decreased confidence in the monetary system.To mitigate the issues caused by currency unfit for circulation, central banks and financial institutions implement various measures. Regular assessments of the currency in circulation are conducted to identify notes and coins that need to be removed from circulation. Once identified, these unfit currencies are typically destroyed and replaced with new ones to ensure that the economy remains fluid and functional.In conclusion, the concept of currency unfit for circulation is crucial to understanding the health of an economy. It highlights the importance of maintaining the integrity and usability of money in everyday transactions. As we navigate our increasingly digital world, the relevance of physical currency may evolve, yet the principles surrounding its circulation will remain vital. Ensuring that currency stays fit for use is essential for fostering trust and efficiency within the financial system, ultimately benefiting consumers and businesses alike.
在当今经济中,术语不适合流通的货币指的是不再用于日常交易的钱。这种情况可能由于多种原因而发生,包括物理磨损、损坏或法律货币地位的变化。当我们想到货币时,通常会想象崭新的纸币和闪亮的硬币;然而,并不是所有形式的钱在整个生命周期中都能保持完好无损。不适合流通的货币可能会给经济带来重大问题,影响消费者和企业。货币变得不适合流通的主要原因之一是物理退化。例如,纸币由于被反复处理而受到磨损。随着时间的推移,纸币可能会撕裂、污损或褪色,使其难以识别或接受作为有效支付。同样,硬币也可能磨损,失去其独特的标记和价值。当货币达到无法轻易识别或使用的状态时,就被认为是不适合流通的货币,这就需要进行更换。导致不适合流通的货币的另一个因素是中央银行推出新设计或新面额。例如,当一个国家决定发行一系列具有增强安全特征的新纸币时,旧纸币可能会被逐步淘汰。虽然这些旧纸币可能仍然有价值,但它们可能不再被商家或金融机构接受,从而使其实际上变得不适合流通。在这种情况下,个人必须将旧纸币兑换为新货币,以继续参与经济活动。拥有不适合流通的货币的影响超出了简单的不便。当大量货币变得不可用时,可能会导致经济中的流动性问题。企业依赖现金交易来维持运营,如果他们无法接受合法货币,就会妨碍销售并扰乱现金流。此外,消费者可能会发现自己无法进行购买,导致挫败感和对货币系统的信心下降。为了减轻由不适合流通的货币引起的问题,中央银行和金融机构实施各种措施。定期评估流通中的货币,以识别需要从流通中移除的纸币和硬币。一旦识别出这些不适合流通的货币,通常会将其销毁并用新货币替换,以确保经济保持流动和功能正常。总之,概念不适合流通的货币对于理解经济的健康状况至关重要。它突显了保持货币在日常交易中完整性和可用性的重要性。随着我们在日益数字化的世界中前行,实物货币的相关性可能会发展,但围绕其流通的原则仍然至关重要。确保货币保持适合使用对于促进金融系统的信任和效率至关重要,最终使消费者和企业受益。
相关单词