kar·​bo·​va·​nets | \ ˌkär-bə-ˈvä-nets How to pronounce karbovanets (audio) \
plural karbovantsi\ ˌkär-​bə-​ˈvän(t)-​sē How to pronounce karbovanets (audio) \ or karbovantsiv\ ˌkär-​bə-​ˈvän(t)-​sē-​ü How to pronounce karbovanets (audio) \

Definition of karbovanets

: the basic monetary unit of Ukraine during its brief period of independence beginning in 1917 readopted as a transitional monetary unit from 1991 until introduction of the hryvnia in 1996 also : a currency note representing one karbovanets

Note: Some sources use karbovantsi as the plural for the denomination three and karbovantsiv for denominations five or more; other sources use karbovantsi or less commonly karbovantsiv as a general plural.

First Known Use of karbovanets

1993, in the meaning defined above

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The first known use of karbovanets was in 1993

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Cite this Entry

“Karbovanets.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/karbovanets. Accessed 5 Oct. 2022.

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