rupee

noun

the basic monetary unit of India, Mauritius, Nepal, Pakistan, Seychelles, and Sri Lanka see Money Table

Examples of rupee in a Sentence

Recent Examples on the Web India last month lowered import taxes on EVs from foreign carmakers that pledge to invest at least 41.5 billion rupees ($497 million) and start EV production from a local factory within three years. P R Sanjai, Fortune, 21 Apr. 2024 In contrast, the main opposition Congress party received only 19.5 billion rupees ($2.38 million) during the same period. Fahad Shah, The Christian Science Monitor, 15 Apr. 2024 The Indian government is encouraging more investment in its aviation industry, with the Modi administration saying that the government would spend 980 billion Indian rupees ($11.83 billion) by 2025 to build new airports and modernize existing ones. Lionel Lim, Fortune Asia, 15 Mar. 2024 The government has approved 1.26 trillion Indian rupee ($15.2 billion) for the projects. IEEE Spectrum, 6 Mar. 2024 With his new stardom, Mr. Sharma was earning 100,000 rupees, about $1,200, a month. Suhasini Raj, New York Times, 22 Mar. 2024 No amount of harsh overhead lighting can shake the shadowy atmosphere of the venue, which is run by a slippery figure (Sharlto Copley), who handles rupees with unnerving greed. Lovia Gyarkye, The Hollywood Reporter, 12 Mar. 2024 In a stock filing immediately after the RBI’s order, Paytm warned the order to close Paytm Payments Bank could drag down annual earnings before interest, tax, depreciation and amortization by up to 5 billion Indian rupees, or $60.4 million at current exchange rates. Nicholas Gordon, Fortune Asia, 10 Mar. 2024 Estimates put the daily cost of running the carrier at 200 million Indian rupees ($2.4 million) to run each day. Lionel Lim, Fortune Asia, 28 Feb. 2024

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'rupee.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

Etymology

Hindi & Urdu rūpaiyā, from Sanskrit rūpya coined silver

First Known Use

1610, in the meaning defined above

Time Traveler
The first known use of rupee was in 1610

Dictionary Entries Near rupee

Cite this Entry

“Rupee.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/rupee. Accessed 26 Apr. 2024.

Kids Definition

rupee

noun
1
: the basic unit of money of any of several countries (as of India and Pakistan)
2
: a coin representing one rupee
Etymology

from a word in Hindi and Urdu (the main language of Pakistan) rūpaiyā "a unit of money"

More from Merriam-Webster on rupee

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