an ancient Greek unit of weight approximately equal to the weight of this coin
3.
any of several modern weights or measures
see also dram
4.
the former basic monetary unit of modern Greece, superseded in 2002 by the euro
Word origin
L < Gr drachmē, lit., a handful < drassesthai, to grasp, take by handfuls < IE base *dergh-, to grip > targe
Examples of 'drachma' in a sentence
drachma
Not back to the drachma but a new national currency.
The Sun (2015)
Little wonder there are dark mutterings that some in the elite are already planning for the new drachma.
Times, Sunday Times (2011)
The old drachma currency could return.
The Sun (2015)
Already, politicians are manoeuvring for the potential world of the new drachma.
Times, Sunday Times (2012)
The reintroduction of the drachma would spark currency flight, with investors scrambling to move euros offshore.
Times, Sunday Times (2012)
He suggested the Greeks should swap the euro for old currency the drachma.
The Sun (2012)
Most experts expect a new drachma to drop by at least 50 per cent from its initial value.
Times, Sunday Times (2012)
If a new drachma slumps in value, that means that your mortgage value would decrease relative to sterling.
Times, Sunday Times (2012)
It is probable the currency would initially be set at one drachma to the euro, but then would devalue rapidly.
Times, Sunday Times (2012)
Greece would essentially have to shut down for an entire weekend as banks begin the tortuous process of switching currencies from the euro to the drachma.
The Sun (2012)
With a new and substantially devalued drachma, it would have a better future emerging from the ashes of a failed experiment in euro membership.
Times, Sunday Times (2011)
In Greece itself, the switch to the new drachma would probably not be announced in advance.
Times, Sunday Times (2012)
So will British tourists be using the old Greek drachma this summer?
The Sun (2015)
For Greece, the new drachma would be pegged to the euro and that would provide the floor.