ZiG
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English[edit]
This English term is a hot word. Its inclusion on Wiktionary is provisional.
Pronunciation[edit]
Noun[edit]
ZiG (plural ZiG or ZiGs)
- Abbreviation of Zimbabwe Gold, the official national currency of Zimbabwe since April 2024, which began as a gold-backed digital token in October 2023.
- 2024 April 9, Huileng Tan, “Zimbabwe just introduced a new gold-backed currency in an attempt to fight inflation and wean off the US dollar”, in Business Insider[2], archived from the original on 2024-04-12:
- For a start, it's making it compulsory for companies to settle at least half of their quarterly taxes in ZiG, according to the central bank report.
- 2024 April 30, Farai Mutsaka, “Zimbabwe’s ZiG is the world’s newest currency and its latest attempt to resolve a money crisis”, in The Associated Press[3], Harare:
- After the ZiG was introduced electronically, bank accounts of some businesses were frozen, accused by the government of rejecting the new currency.
- 2024 May 5, Farai Sevenzo, “Is Zimbabwe zigzagging into further currency chaos?”, in BBC News[4], Harare:
- Ms Dhliwayo would use Zigs if there were any to be had - but it mostly exists digitally, and in a place where people can rarely charge their phones because of blackouts, it is cash that counts.
Alternative forms[edit]
Synonyms[edit]
- (digital token): GBDT
See also[edit]
References[edit]
Categories:
- Hot words newer than a year
- English 1-syllable words
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- Rhymes:English/ɪɡ
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- en:Currencies
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- Zimbabwe English