rand

noun

ˈrand How to pronounce rand (audio)
ˈränd,
ˈränt
plural rand
the basic monetary unit of South Africa see Money Table

Examples of rand in a Sentence

Recent Examples on the Web
These examples are automatically compiled from online sources to illustrate current usage. Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
The Namibian dollar is pegged to the rand, which means monetary policy is often guided by the South African Reserve Bank’s actions. Jason Ma, Fortune, 12 Oct. 2024 Fraud charges In 2016, prosecutors said Gordhan would face two fraud charges for illegally approving the early retirement of a subordinate, resulting in 1.1 million rand ($61,000) of wasteful expenditure. Mike Cohen / Bloomberg, TIME, 13 Sep. 2024 Eventually, the country should transition to the South African rand, which is weaker than the U.S. dollar and would help make Zimbabwean exports more competitive. Tendai Biti, Foreign Affairs, 20 Aug. 2019 The move triggered a selloff in the rand and the nation’s bonds, and business and ruling-party leaders pressured Zuma to reconsider. Mike Cohen / Bloomberg, TIME, 13 Sep. 2024 See all Example Sentences for rand 

Word History

Etymology

the Rand, South Africa

First Known Use

1941, in the meaning defined above

Time Traveler
The first known use of rand was in 1941

Dictionary Entries Near rand

Cite this Entry

“Rand.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/rand. Accessed 17 Nov. 2024.

Kids Definition

rand

noun
ˈrand How to pronounce rand (audio)
ˈränd,
ˈränt
plural rand
1
: the basic unit of money of South Africa
2
: a coin or bill representing one rand

Biographical Definition

Rand

biographical name

Ayn ˈīn How to pronounce Rand (audio) 1905–1982 American (Russian-born) writer

More from Merriam-Webster on rand

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