rand

noun
\ ˈrand How to pronounce rand (audio) , ˈränd, ˈränt \
plural rand

Definition of rand

 (Entry 1 of 2)

the basic monetary unit of South Africa — see Money Table

Rand

biographical name
\ ˈrand How to pronounce Rand (audio) \

Definition of Rand (Entry 2 of 2)

Ayn \ ˈīn How to pronounce Rand (audio) \ 1905–1982 American (Russian-born) writer

Examples of rand in a Sentence

Recent Examples on the Web: Noun These are some of the key findings: Due to a limited verification process, there is a risk that the 350 rand social-relief grant is being paid to people who are not in distress. Prinesha Naidoo, Bloomberg.com, "South Africa Audit Chief Concerned How Virus Funds Were Spent," 1 Sep. 2020 That’s key, given that Ramaphosa has staked the country’s economic recovery on an unprecedented plan to attract as much as 2.3 trillion rand ($137 billion) in private investment into infrastructure over the next decade. Antony Sguazzin, Bloomberg.com, "A Battle Rages Over the Legacy of Nelson Mandela," 2 Oct. 2020 These are life-changing sums for Ms Qangiso, a grandmother whose warehouse job pays just 5,000 rand a month. The Economist, "Dreams of fields The quest for secure property rights in Africa," 12 Sep. 2020 This could almost triple the value of her property, from roughly 570,000 to 1.6m rand. The Economist, "Dreams of fields The quest for secure property rights in Africa," 12 Sep. 2020 Foreigners were net buyers of South African stocks Thursday, purchasing 843 million rand worth of shares, according to bourse operator JSE Ltd. Adelaide Changole, Bloomberg.com, "S. Africa Stocks Pulled Lower as Iron Ore Miners Outweigh Gold," 28 Aug. 2020 The Brazilian real, the South African rand and the Turkish lira have lost about 20% of their value against the dollar this year, putting the former two on course for their biggest annual declines since 2015. Caitlin Ostroff, WSJ, "Selloff in Emerging-Market Currencies Shows No Sign of Respite," 18 Aug. 2020 Read the South African Health Ministry statement on the coronavirus case here The rand extended losses after the announcement, weakening as much as 1.8% against the dollar. Paul Vecchiatto, Bloomberg.com, "South Africa Confirms First Case of Novel Coronavirus," 13 May 2020 So far this year the Brazilian real, the Mexican peso and the South African rand have lost nearly a quarter of their value against the dollar. The Economist, "The financial core Emerging markets are in turmoil. The IMF must step in to help. Here’s how," 8 Apr. 2020

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'rand.' 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 rand

Noun

1941, in the meaning defined above

History and Etymology for rand

Noun

the Rand, South Africa

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Last Updated

19 Oct 2020

Cite this Entry

“Rand.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/rand. Accessed 29 Oct. 2020.

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More Definitions for rand

rand

noun
How to pronounce Rand (audio)

English Language Learners Definition of rand

: the basic unit of money in the Republic of South Africa

More from Merriam-Webster on rand

Britannica.com: Encyclopedia article about rand

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