managed currency
noun
a currency whose value is established and maintained by deliberate governmental action working through national and international financial institutions, in contrast to the quasi-automatic gold standard.
Origin of managed currency
First recorded in 1920–25
Words nearby managed currency
manage up,
manageable,
managed bonds,
managed care,
managed competition,
managed currency,
managed forest,
management,
management accounting,
management buyout,
management company
British Dictionary definitions for managed currency
managed currency
noun
a currency that is subject to governmental control with respect to the amount in circulation and the rate of exchange with other currencies