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
Some hedge funds and others with dollars can step in, supplying greenbacks to buy safe assets such as German T-bills, with the income swapped back into dollars.
Although bond notes are officially worth the same as American dollars, here on a pavement in Harare, the capital, greenbacks trade at a premium of 20-30% to the bills printed by Mr Mugabe’s government.
The gains would have been far greater, argues P&G, but for a robust dollar that hammered foreign earnings translated into greenbacks.
Filipe Afonso got tired of waiting in line at a bank to exchange his kwanzas for greenbacks.
Since the start of 2017, the greenback has declined 6.4% against the world’s currencies.
But this money-changer says that some of her best customers are government officials who hoover up greenbacks to spend or stash abroad.
And a broader wave of crises struck emerging markets from July 1997, when the Thai baht broke its peg to the dollar, to January 2002, when Argentina formally abandoned the peso’s parity with the greenback.
Even if the dollar hadn't surged, lowering the value of its foreign earnings in greenbacks, revenues would have barely budged under Taylor's almost two-year tenure.
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.
First Known Use of greenback
Synonymsbanknote, 1bill, note
Related Wordsdead presidents [slang], paper money, scrip; buck, dollar, simoleon [slang], smacker [slang]; C-note, fifty, fin [slang], five, fiver [slang], hundred, one, sawbuck [slang], ten, tenner, twenty, two; cash, chips, currency, dough, legal tender, lucre, money, pelf; check, draft, money order
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
Seen and Heard
What made you want to look up greenback? Please tell us where you read or heard it (including the quote, if possible).