A unit of Korean currency equal to one hundredth of a won.
From Korean 'jeon' (전), the subdivision of the Korean won. Korean currency terminology entered English with Korea's economic development and international trade in the 20th century.
Jeon is one of those currency words that shows a linguistic reality—while jeon technically exists, in modern Korea it's used so rarely that most transactions just use won, showing how economic changes make old language units disappear!
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