/ dɪˈnɒmɪneɪt; NAmE -ˈnɑːm-/ verb
1.
[ vn ] to express an amount of money using a particular unit :
The loan was denominated in US dollars.
2.
( formal ) [ vnn ] denominate sb (as) sth to give sth a particular name or description :
These payments are denominated as 'fees' rather than 'salary'.
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WORD ORIGIN
late Middle English (in sense 2): from Latin denominat- named, from the verb denominare , from de- away, formally + nominare to name (from nomen , nomin- name). Sense 1 dates from the mid 20th cent.