Examples of greenback in a Sentence
she threw a few greenbacks on the counter to pay for the drinks
Recent Examples of greenback from the Web
And a stronger greenback means Americans traveling abroad this summer will pay a little less for things like visiting museums, booking hotels and ordering local culinary specialties.
Dollar bulls are in retreat as threats to the greenback dominate the week’s eco agenda.
There are lids festooned with flint arrowheads, Civil War Minie balls, Amtrak train keys, Pez dispensers — even $1 million in shredded greenbacks from the Federal Reserve Bank in San Antonio.
Many countries peg their currencies, formally or informally, to the greenback; if the dollar is rising, they may be forced to tighten monetary policy in order to maintain the link.
Commodity stocks are often boosted by a weaker greenback, reflecting the fact that most raw materials are priced in U.S. dollars.
The yen pushed past 105 against the dollar, a level unseen since November 2016, while the franc gained as much as 0.5 percent against the greenback.
The greenback briefly jumped on Wednesday after data showed U.S. inflation was stronger than expected in January, bolstering expectations that the Federal Reserve could increase interest rates as many as four times this year.
Armed with a stack of team owner Mike Ilitch’s American greenbacks, Matveev left for Russia intending to attempt to bribe military generals.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'greenback.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
Financial Definition of GREENBACK
What It Is
Greenback is a slang term for the U.S. dollar. This name is derived from the green color of U.S. paper currency.
How It Works
Since U.S. currency notes were first introduced in the early 1800s, their color has customarily been green. For several decades until the end of the American Civil War, the U.S. federal government was unable to fully back currency notes, and most banking authorities were unwilling to fully honor their face value. As a result, the term "greenback" began as a derogatory term that over time, evolved into common slang. Once dollar bill denominations were centrally issued and universally acceptable as a form of payment, other vernacular terms including "buck" were introduced into common language.
Why It Matters
The term greenback is not used as frequently as it once was – particularly where the color of American currency has changed in recent years. Although the connotation of the term is no longer derogatory as it once was, it is important to recognize the historical origins for the term "greenback."
GREENBACK Defined for English Language Learners
Definition of greenback for English Language Learners
: a piece of U.S. paper money
Seen and Heard
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