From Longman Dictionary of Contemporary Englishdenominatede‧nom‧i‧nate /dɪˈnɒməneɪt $ dɪˈnɑː-/ verb [transitive] technical to officially set the value of something according to one system or type of money bank deposits denominated in foreign currenciesGrammar Denominate is usually passive.→ See Verb table
Examples from the Corpus
denominate• Worst off were those whose wages were denominated in dollars, but who were paid in rubles.• Half is denominated in francs, the remainder in dollars.• Lower rates hurt a currency by making bank deposits denominated in it less attractive.• Banks usually denominate loans to poorer countries in more stable currencies like the dollar.From Longman Business Dictionarydenominatede‧nom‧i‧nate /dɪˈnɒməneɪt-ˈnɑːm-/ verb [transitive] FINANCE to officially measure or set the value of something such as a bond or a currency according to the value of a particular currencyInternational lenders will often force an unreliable government to denominate its bonds in a stable currency, like the dollar.→ See Verb tableOrigin denominate (1500-1600) Latin denominare, from nominare “to name” 