Definition of schilling in English:

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schilling

Pronunciation: /ˈSHiliNG/

noun

The basic monetary unit of Austria (until replaced by the euro), equal to 100 groschen.
Example sentences
  • After hyperinflation, Austria introduces the schilling.
  • Austria's basic unit of currency is the schilling.
  • With central banks aiming to peg the Austrian schilling and the Dutch guilder to the Deutsche mark, the nominal exchange rates (defined as local currency/foreign currency) against the mark should have been stable.

Origin

From German Schilling; compare with shilling.

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