Definition of baht
: the basic monetary unit of Thailand — see money table
Recent Examples of baht from the Web
On July 2, 1997—almost exactly 20 years ago—authorities in Thailand relinquished their control over the national currency, the baht.
Cheng was released after 15 hours in detention, and his wife paid 100,000 baht ($3,000) in bail, the police official said.
He was released on bail of 100,000 baht ($3,000), Somchai said.
If convicted, Cheng faces up to five years in prison and a fine of 50,000 baht ($1,500).
The administration has unveiled 56 major infrastructure projects worth about 2.3 trillion baht ($67 billion) for 2016 and 2017, Bank of Ayudhya Pcl research shows.
The initiative was established after the crash of the Thai baht in 1997 triggered a regional financial crisis.
Philip Morris, which disclosed the charges in a U.S. securities filing Tuesday, said that prosecutors are seeking a fine of about 19.8 billion baht ($562 million) for intent to defraud the government. ...
The Thai currency, the baht, fell about 1 percent against the dollar.
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Origin and Etymology of baht
First Known Use: 1840See Words from the same year
Seen and Heard
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