Denomination refers to a group of religious congregations or churches that share the same set of beliefs, practices, and traditions within a larger religious organization. It can also refer to the actual unit of currency used in some countries.
In religious contexts, different denominations often have varying interpretations of religious doctrines and scripture, resulting in theological differences. Examples of religious denominations include Catholicism, Protestantism, Eastern Orthodoxy, Judaism, Islam, and Buddhism.
In the context of currency, denominations refer to the different values assigned to banknotes or coins. For example, the US dollar has denominations of $1, $5, $10, $20, $50, and $100. The denomination of a particular note or coin indicates its value in relation to other notes and coins within the currency system.
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