forint

noun
fo·​rint | \ ˈfȯr-ˌint How to pronounce forint (audio) \
plural forints also forint

Definition of forint

the basic monetary unit of Hungary — see Money Table

Examples of forint in a Sentence

Recent Examples on the Web The rise in cases has also weighed on central and Eastern European currencies, with the Hungarian forint falling 2.2% against the euro last week, its worst week since June. Caitlin Ostroff, WSJ, "Euro Optimism Wanes Amid Rising Covid-19 Cases," 19 Oct. 2020 The koruna has weakened 3.2% against the euro this month, slightly more than its central European peers the Polish zloty and the Hungarian forint. Lenka Ponikelska, Bloomberg.com, "Czechs Pledge to Keep Economy Running in State of Emergency," 30 Sep. 2020 The forint and zloty are particularly exposed as their countries do substantial trade with the euro area and they are normally quoted against the euro. Simon Flint, Bloomberg.com, "Weaker Euro Could Be Another Headache for Emerging Currencies," 28 Aug. 2020 The damage from any significant euro decline would be most acute for the Hungarian forint and Polish zloty, according to a Bloomberg study of moves in the single currency over the past two decades. Simon Flint, Bloomberg.com, "Weaker Euro Could Be Another Headache for Emerging Currencies," 28 Aug. 2020 The steps will increase funds available to fight the coronavirus pandemic and rebuild the economy to 1.35 trillion forint ($3.96 billion). Marton Eder, Bloomberg.com, "Hungary Burdens Banks, Political Parties With Virus Costs," 7 May 2020 NGOs also have to list foreign sponsors giving them more than 500,000 forints ($1,670, 1,500 euros) annually. Washington Post, "Hungary rule on NGOs’ financing seen in conflict with EU law," 14 Jan. 2020 In 2014, Hungary ordered banks to convert the equivalent of $14 billion in foreign-currency (mostly Swiss-franc) household loans to its national currency, the forint, at a set exchange rate and to offer some refunds to borrowers. Washington Post, "Why Polish Banks Face a Reckoning Over Franc Loans," 4 Oct. 2019 Some other emerging-market currencies also weakened, with the South African rand and the Hungarian forint falling about 2.6% and 1.7%, respectively. Jon Sindreu, WSJ, "Turkish Crisis Rattles Global Markets Amid Escalating Spat With U.S.," 11 Aug. 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'forint.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of forint

1946, in the meaning defined above

History and Etymology for forint

Hungarian

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Cite this Entry

“Forint.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/forint. Accessed 28 Feb. 2021.

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