renminbi
UK[ˌrɛnmɪnˈbiː]US[ˌrɛnmɪnˈbiː]
n
The official currency of the People's Republic of China.
Etymology
Renminbi is a direct borrowing from Mandarin Chinese (人民币, Rénmínbì), entering English vocabulary in the mid-20th century following the establishment of the People's Republic of China. The term literally translates to "people's currency," from 'rénmín' (人民, people) and 'bì' (币, currency or money). As a loanword, it functions as an unanalyzed simplex in English, specifically denoting the official monetary unit of China, distinct from the unit of account, the yuan. Its adoption reflects economic globalization and the need for a precise term to discuss China's financial system in international contexts.
Analysis
This is a loanword from Mandarin Chinese, adopted as a single lexical unit into English. It is not segmented into meaningful morphemes within the English morphological system.
Examples
Prices for the imported goods were listed in both US dollars and renminbi.
The internationalization of the renminbi is a key topic in global finance.
You can exchange your currency for renminbi at the bank.