/ rænd; NAmE ; in South Africa, commonly rɑːnt/ noun ( pl. rand )
1.
[ C ] the unit of money in the Republic of South Africa
2.
the Rand [ sing. ] (in South Africa) a large area around Johannesburg where gold is mined and where there are many cities and towns
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WORD ORIGIN
from the Rand , the name of a goldfield district near Johannesburg, South Africa.