drachma

(redirected from drachmas)
Also found in: Dictionary, Thesaurus, Financial, Wikipedia.

drachma

1. the former standard monetary unit of Greece, divided into 100 lepta; replaced by the euro in 2002
2. US another name for dram
3. a silver coin of ancient Greece
4. a unit of weight in ancient Greece

Drachma

 

(1) An ancient Greek unit of weight and measure. It was first minted as silver currency in the sixth century B.C. The weight of a drachma was originally 4.25 g of silver and was later changed to 4.32 g.

(2) The present-day monetary unit of Greece, equal to 100 lepta. The Gosbank (State Bank) of the USSR on Jan. 1, 1974, established the rate of exchange at 100 drachmas = 2 rubles 76 kopeks.

References in periodicals archive ?
Asked by a reporter whether Cyprus would return to the pound if Greece adopts the drachma, Shiarly offered:
At the time of its offer, the Greek company's shares were trading at about 8,500 drachmas.
Assistant referees receive 75,000 drachmas (pounds 135).
Some members of Greece's leftist government wanted to raid central bank reserves and hack taxpayer accounts to prepare a return to the drachma, according to reports on Sunday that highlighted the chaos in the ruling Syriza party.
ATyNA (CyHAN)- Moscow denied reports about Alexis Tsipras asking Russia to help print drachmas.
Changing from the euro to drachmas is wholly irrelevant: the debts, in any currency remain beyond the power of the debtor to repay.
Changing from euros to drachmas is wholly irrelevant: the debts, in any currency, remain beyond the power of the debtor to repay.
Other sources have claimed the country has started printing drachmas in preparation for a euro exit.
Greek-speaking guide Rydal (Oscar Isaac), who scams unsuspecting tourists out of hard-earned drachmas, is drawn to the glamorous couple and he gladly accepts their invitation to dinner.
Greek-speaking guide Rydal (Oscar Isaac), who scams unsuspecting tourists out of Greek-speaking guide Rydal (Oscar Isaac), who scams unsuspecting tourists out of hard-earned drachmas, is drawn to the glamorous couple and he gladly accepts their invitation to dinner.
The foreign euro liabilities of Greece's banks, businesses and government would jump in value and would need to be converted to Drachmas.
BANKNOTE printer De La Rue toasted a 73% rise in profits amid reports it is preparing to start making drachmas in case Greece crashes out of the eurozone.