rand

noun

ˈrand How to pronounce rand (audio)
ˈränd,
ˈränt
plural rand
the basic monetary unit of South Africa see Money Table

Examples of rand in a Sentence

Recent Examples on the Web The building that collapsed was meant to house two-bedroom apartment units that were selling for about 1.7 million rand each (about $92,000), according to local media reports. John Eligon, New York Times, 9 May 2024 The rand and the real both declined more than 9% against the dollar over the last three months. Julia-Ambra Verlaine, WSJ, 28 June 2022 The burly Scarpa Kinesis Pro fit the bill with their full-grain leather upper, Gore-Tex waterproofing and full perimeter rubber rand. Ebony Roberts, wsj.com, 13 Nov. 2023 Existing logistics constraints at Transnet are expected to cost South Africa’s mining industry 50 billion rand ($2.8 billion) in lost opportunities this year, Minerals Council South Africa Chief Executive Officer Roger Baxter said Oct. 5. Felix Njini, Bloomberg.com, 7 Oct. 2022 Impala Platinum Holdings reported a fall in profits for the fiscal year on lower revenue due to a drop in rand platinum group metal pricing, lower refined production and sales and after booking a number of impairments in its accounts. Ian Walker, WSJ, 31 Aug. 2023 The geopolitical tensions have added to worries about the impact on South Africa’s economic outlook from daily blackouts and logistical constraints that are hampering exports, with the rand falling to successive record lows last month. Paul Vecchiatto, Bloomberg.com, 8 June 2023 Holly spoke to the realtor, saying their budget was $4 million in South African rand (about $211,000 in American dollars) — which Holly assumed was $400,000 in rand. Kelly Wynne, Peoplemag, 22 Aug. 2023 Read More: ‘Undermined’ South Africa Vows Diplomatic Blitz to Arrest Guptas The South African government has spent millions of rands on efforts to bring the Gupta brothers to justice. S'thembile Cele, Bloomberg.com, 7 June 2023

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'rand.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

Etymology

the Rand, South Africa

First Known Use

1941, in the meaning defined above

Time Traveler
The first known use of rand was in 1941

Dictionary Entries Near rand

Cite this Entry

“Rand.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/rand. Accessed 26 May. 2024.

Kids Definition

rand

noun
ˈrand How to pronounce rand (audio)
ˈränd,
ˈränt
plural rand
1
: the basic unit of money of South Africa
2
: a coin or bill representing one rand

Biographical Definition

Rand

biographical name

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

More from Merriam-Webster on rand

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