shroffage Synonyms

No Synonyms and anytonyms found

shroffage Meaning

Webster

shroffage (n.)

The examination of coins, and the separation of the good from the debased.

A money dealer's commission; also, more commonly, the examination of coins, and the separation of the good from the debased.

shroffage Sentence Examples

  1. The shroffage fee on the gold bars was deducted before the transaction was complete.
  2. The bank implemented a policy to minimize shroffage on large cash deposits.
  3. The jeweler used a highly accurate scale to reduce shroffage before making purchases.
  4. Shroffage can lead to significant losses for businesses dealing with large amounts of cash or bullion.
  5. The restaurant experienced increased shroffage due to the high volume of small transactions.
  6. The cashier at the casino was well-trained in detecting shroffage on chips and bills.
  7. The company hired a professional shroff to assess the authenticity and value of banknotes.
  8. Shroffage can be a problem for businesses that rely on cash-intensive operations.
  9. The armored car service implemented measures to prevent shroffage during cash transfers.
  10. The audit revealed a substantial amount of shroffage in the bank's vault, prompting an investigation.

FAQs About the word shroffage

The examination of coins, and the separation of the good from the debased., A money dealer's commission; also, more commonly, the examination of coins, and the

No synonyms found.

No antonyms found.

The shroffage fee on the gold bars was deducted before the transaction was complete.

The bank implemented a policy to minimize shroffage on large cash deposits.

The jeweler used a highly accurate scale to reduce shroffage before making purchases.

Shroffage can lead to significant losses for businesses dealing with large amounts of cash or bullion.