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1 definition found
 for Sound currency
From The Collaborative International Dictionary of English v.0.48 :

  Sound \Sound\, a. [Compar. Sounder; superl. Soundest.] [OE.
     sound, AS. sund; akin to D. gezond, G. gesund, OHG. gisunt,
     Dan. & Sw. sund, and perhaps to L. sanus. Cf. Sane.]
     1. Whole; unbroken; unharmed; free from flaw, defect, or
        decay; perfect of the kind; as, sound timber; sound fruit;
        a sound tooth; a sound ship.
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     2. Healthy; not diseased; not being in a morbid state; --
        said of body or mind; as, a sound body; a sound
        constitution; a sound understanding.
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     3. Firm; strong; safe.
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              The brasswork here, how rich it is in beams,
              And how, besides, it makes the whole house sound.
                                                    --Chapman.
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     4. Free from error; correct; right; honest; true; faithful;
        orthodox; -- said of persons; as, a sound lawyer; a sound
        thinker.
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              Do not I know you a favorer
              Of this new seat? Ye are nor sound.   --Shak.
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     5. Founded in truth or right; supported by justice; not to be
        overthrown on refuted; not fallacious; as, sound argument
        or reasoning; a sound objection; sound doctrine; sound
        principles.
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              Hold fast the form of sound words, which thou hast
              heard of me.                          --2 Tim. i.
                                                    13.
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     6. heavy; laid on with force; as, a sound beating.
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     7. Undisturbed; deep; profound; as, sound sleep.
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     8. Founded in law; legal; valid; not defective; as, a sound
        title to land.
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     Note: Sound is sometimes used in the formation of
           self-explaining compounds; as, sound-headed,
           sound-hearted, sound-timbered, etc.
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     Sound currency (Com.), a currency whose actual value is the
        same as its nominal value; a currency which does not
        deteriorate or depreciate or fluctuate in comparision with
        the standard of values.
        [1913 Webster]

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