To give a name to something; to classify, designate, or specify using a particular term or denomination.
From Latin 'denominare,' composed of 'de-' (from) + 'nominare' (to name), from 'nomen' (name). Used in English since the 16th century in legal and religious contexts.
When currencies are 'denominated' in dollars, yen, or euros, we're using a 500-year-old word that literally means 'to give a name from'—the denomination IS the name that gives value its identity!
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