noun
or cher·vo·netz chərˈvȯnə̇ts
( plural cher·von·tsi or chervon·tzi -ntsē)
Etymology: Russian chervonets, alteration of Old Russian červonyi, from Old Polish czerwony golden, purple
1. : the gold 10-ruble coin of Soviet Russia authorized by decree 1922 and struck 1923
2. : a unit of value equivalent to one gold chervonets designated by law of 1924 as the basic monetary unit but never such in practice
3. : a currency note representing one chervonets