Main definitions of rand in English

: rand1rand2Rand3

rand1

noun

  • The basic monetary unit of South Africa, equal to 100 cents.

    • ‘Visser was somewhat skeptical about the earnings from the auction because of the strengthening of the rand against the US dollar.’
    • ‘Ostrich farmers have already suffered millions of rands in losses.’
    • ‘South African truck drivers are particularly preferred because they give rands or United States dollars.’
    • ‘Grain SA chairman Bully Botma said the recovery of the rand against the dollar over the past few days had led to a significant reduction in grain prices.’
    • ‘The company says its profits fell by 21 percent and blames it on the strength of the South African rand against the U.S. dollar.’
    • ‘Regardless of what the US dollar does, the rand will only improve again when South African workers have learned what productivity is.’
    • ‘He also said game farmers, who generated millions of rands in revenue for Limpopo, were not being given any help at all.’
    • ‘When the bid failed the rand fell against the dollar and shares dropped by 0.7 percent.’
    • ‘We need to respond as global citizens as we did over the tsunami last year where even here in South Africa poor rural children donated their few rands and cents to assist children half a planet away.’
    • ‘Early diagnosis and treatment of mental health problems will ultimately save South Africa billions of rands.’
    • ‘In trading on currency markets Thursday, the rand was trading at 7.5 rands per American dollar.’
    • ‘The plunge of the rand against the dollar and the pound is going to worsen.’
    • ‘He said strong exports will mean that the South African rand will stay stable against the US dollar.’
    • ‘The mining bosses blame the strong rand, saying South Africa has gone from the cheapest large-scale producer of gold to the most expensive.’
    • ‘She is facing charges of fraud and theft after allegedly defrauding parliament of millions of rands.’
    • ‘Comparison with the land occupations in neighbouring Zimbabwe gave rise to nervousness amongst business investors in South Africa and the rand sank to a new low against the US dollar.’
    • ‘But exporters now grumble that the strength of the South African rand against the dollar and euro is hurting business, especially for prized ostrich leather.’
    • ‘Arabs are taking advantage of the weakness of the rand to travel to South Africa.’
    • ‘A surge in gold prices and a broadly weaker U.S. dollar had supported the rand's recent rally.’
    • ‘The governor said the key objective for pegging the Namibian dollar to the rand is to ensure prices are in line with South Africa, which is Namibia's major trading partner.’
    • ‘In 1960 a new decimalized currency of rands and cents replaced sterling.’
    • ‘Farmers in the Western Cape have already been given millions of rands in drought relief.’
    • ‘The South African currency lost more than a rand against the US dollar on Thursday alone.’
    • ‘When the rand began to slide in 1996, then governor of the Reserve Bank Chris Stals sold dollars to buy rands.’
    • ‘It is most unfortunate that the strike will cost the country hundreds of millions of rands, and the human cost will be even higher.’

Origin

Sense 1 is from the Rand, the name of a goldfield district near Johannesburg; sense 2 is from Afrikaans, literally ‘edge’ (related to rand).

Pronunciation

rand

/rand/

Main definitions of rand in English

: rand1rand2Rand3

rand2

noun

  • A strip of leather placed under the back part of a shoe or boot to make it level before the lifts of the heel are attached.

    • ‘It is a mesh pattern which should allow for some breathability, and I've been assured that resoling the rand doesn't affect the rubber.’
    • ‘Their rand is softer, their fit is better, bar none.’
    • ‘They also sell custom versions of their shoes, to include an extended rand.’

Origin

Old English (denoting a border): of Germanic origin; related to Dutch rand and German Rand ‘edge’. The current sense dates from the 16th century.

Pronunciation

rand

/rand/

Main definitions of rand in English

: rand1rand2Rand3

Rand3

proper noun

the Rand

Pronunciation

Rand

/rand/