verb
- to give a name or title to; to designate
- to express or state in terms of a particular monetary unit
Usage: past tense and past participle of denominate
Usage: financial context
Examples
- The new species was denominated after its discoverer.
- The bonds were denominated in U.S. dollars.
- The currency is denominated in euros rather than pounds.
- The committee denominated him as the official spokesperson.
- All prices are denominated in local currency.
- The loan was denominated in Japanese yen.