One of the mysteries of the English language finally explained.
1The value of one currency with respect to its exchange rate with another.
- 1.1 Foreign currency.‘these internal flights supply valuta to the cash-starved confederation’
- ‘They earned salaries and sales dividends which subsequently were paid to them in foreign valuta.’
- ‘He was accused of sending foreign valuta out of Germany.’
- 1.1 Foreign currency.
Late 19th century: from Italian, literally ‘value’.
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