Rand definition

Rand or "R" means the South African rand, the official currency of South Africa;
Rand or "R" or "ZAR" means the lawful currency of South Africa;
Rand means the lawful currency of South Africa.

Examples of Rand in a sentence

  • The Client may claim interest by lodging a claim in writing, however, only claims for amounts of more than R50.00 (Fifty Rand) will be considered.

  • When we talk about “usual wallet order” in the table below, we mean that if you don’t have enough of the relevant currency on your card to cover your transaction, the card will automatically select the next available currency wallet to make a payment, in the following order: Pound Sterling, Euros, US Dollars, Australian Dollars, Canadian Dollars, New Zealand Dollars, South African Rand, Turkish Lira, Swiss Francs and Emirati Dirhams.

  • The following preference point systems are applicable to all bids: - the 80/20 system for requirements with a Rand value of up to R50 000 000 (all applicable taxes included); and - the 90/10 system for requirements with a Rand value above R50 000 000 (all applicable taxes included).

  • The Private Party intends to carry on the Business continuously and regularly from the Operation Commencement Date and acknowledges that it reasonably expects this activity to result in taxable supplies in excess of R20 000 (twenty thousand Rand) over a period of 12 (twelve) months from the Operation Commencement Date.

  • Such costs shall include but not be limited to the wasted costs for preparing and drafting documentation not exceeding R5,000.00 (Five Thousand Rand).


More Definitions of Rand

Rand or “R” - the lawful currency of South Africa;
Rand or “R” - the South African Rand, the lawful currency of South Africa; 2.1.75 “Regulations” - regulations issued in terms of the Protected Areas Act; 2.
Rand. “ZAR” and “Cent” mean the lawful currency of South Africa and
Rand. ZAR" and "Cent" mean the lawful currency of South Africa and "Cent" is a one-hundredth (100th) part of one (1) Rand;
Rand means the official currency of the Republic of South Africa;
Rand or means the lawful currency of the Republic.
Rand or “R” means South African rand, the official currency of South Africa;