- franc
- = F1) The standard monetary unit of various former French colonies and some French dependencies: Benin (Communauté Financière Africaine franc; CFAF), Burkina-Faso (CFAF), Burundi (FBu), Cameroon (CFAF), the Central African Republic (CFAF), Chad (CFAF), Comoros (CF), Congo-Brazzaville (CFAF), the Democratic Republic of Congo (CoF), Côte d'Ivoire, (CFAF), Djibouti (DF), Equatorial Guinea (CFAF), French Polynesia (FPF), Gabon (CFAF), Guinea (GF), Guinea-Bissau (CFAF), Madagascar (FMG), Mali (CFAF), New Caledonia (FPF), Niger (CFAF), Rwanda (RF), Senegal (CFAF), and Togo (CFAF). In all countries it is divided into 100 centimes.2) (Swiss franc) the standard monetary unit of Switzerland and Liechtenstein, divided into 100 centimes.3) The former standard monetary unit of France, most French dependencies, Monaco, and (with the peseta) Andorra (French franc); of Belgium (Belgian franc); and of Luxembourg (Luxembourg franc). In each case it was subsumed into the euro for all purposes other than cash transactions in January 1999 and abolished in 2002.
Big dictionary of business and management. 2014.