noun
The New Currency Act (1871)
Historical Japanese law that established the modern yen-based currency system. Used in historical, legal, and economic contexts.
新貨条例は明治4年に公布された。
The New Currency Act was promulgated in 1871.
Compound of 新貨 (shinka, 'new currency') and 条例 (jōrei, 'ordinance' or 'act'). The term refers specifically to the 1871 law.