karbovanets
Language: English
Part of speech: noun
Forms: form: karbovanets
form: karbovantsi
form: karbovantsiv
Etymology: From Ukrainian карбованець (karbovanecʹ).
Senses: examples: text: The Central Powers secured the transfer to themselves of 1,600,000,000 karbovantsi (Ukrainian rubles), which were being printed in Berlin, and in return placed at the disposal of the Ukrainian Government marks and crowns at the rate of 0.85 karbovanets for the mark and 0.50 karbovanets for the crown (krone), but this money was not to be used by the Ukrainers for the purchase of goods in Germany and Austria until a year after the conclusion of a general peace.
ref: 1928, Gustav Gratz, Richard Schüller, translated by W[alter] Alison Phillips, “The Economic Provisions of the Treaties of Brest-Litovsk”, in The Economic Policy of Austria-Hungary during the War in Its External Relations (Economic and Social History of the World War), New Haven, Conn.: Yale University Press; […], →OCLC, part II (The Peace Negotiations at Brest-Litovsk), page 130:
text: According to Semen Yakovich (about him you will learn later) Ivan Ivanovich is an exemplary member of such and such a board, or of such and such a trust. It is true that his salary is two hundred and fifty karbovantsi, but one can speak of this amount only when one does not count such various small items as overtime pay and the regular honorarium which he receives from the local press for writing articles that are not exactly original.
ref: 1960, Mykola Khvylovy, translated by George S[tephen] N[estor] Luckyj, “Ivan Ivanovich”, in Stories from the Ukraine (A Philosophical Paperback), New York, N.Y.: Philosophical Library, published [1984?], →ISBN, page 160:
text: The front side of a 1917 bill for 100 karbovantsiv, written in the Ukrainian language
ref: 1972, Myron B. Kuropas, “The Ukrainian National Republic”, in The Ukrainians in America (The In America Series), Minneapolis, Minn.: Lerner Publications Company, →ISBN, part I (Ukraine: Land of the Trident), page 28:
text: According to the official fixed exchange rate karbovanets was overvalued in Ukraine. […] Goods were sold for karbovantsi rather than for rubles.
ref: 1995, Andrij A. Halushka, Irina S. Semenova, Foreign Exchange Markets for Ukrainian Karbovantsi in Russia and for Russian Rubles in Ukraine: Analysis of Development in 1993–1994 (East European Series; 16), Vienna: Institute for Advanced Studies, →OCLC, page 33:
text: (Hyperinflation) In September 1995 a dollar bought 50,000 karbovantsiv (the Ukranian^([sic]) currency unit). One month later it bought 135,000. (Small bank note denominations like 100 karbovantsiv were being recycled into toilet paper.) Express the equivalent effective annual inflation rate if that monthly rate of inflation kept up for a whole year.
ref: 2007, Warren W. Esty, “Base 2 and Base e”, in Precalculus, 4th edition, Boston, Mass.: Pearson Custom Publishing, →ISBN, chapter 5 (Exponential and Logarithmic Functions), page 310, column 2:
text: She was learning to cut hair, self-taught with the guidance of a friend in the local town, and charged just a couple of hundred karbovantsiv, the equivalent of fifty pence, to cut hair in the homes of her friends. […] “One hundred karbovantsiv.” A mere twenty five pence, but she blushed at the prospect of our transaction. / “Thank you.” I curled a thousand note into my fist and pressed it into her hand. “Sorry I have no change.”
ref: 2015, Diane Chandler, chapter 5, in The Road to Donetsk, London: Blackbird Digital Books, →ISBN, pages 46–47:
glosses: The monetary unit of Ukraine from 1917 to 1920, 1942 to 1945, and 1991 to 1996.