ren·min·bi (r?n?m?n-b?)n. pl. renminbi 1. The currency system of China.2. The yuan.[Mandarin rénmíbì : rénmín, the people, general public (Mandarin rén, person from Middle Chinese rin + Mandarin m?n, people, from Middle Chinese mjin) + bí, currency (from Middle Chinese p?jiaj`).]American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.renminbi (?r?n?m?n?bi?) or renminbi yuann, pl renminbi (Currencies) another name for the Chinese yuan[Chinese renmin people + bi currency]Collins English Dictionary ? Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014ren?min?bi (?r?n?m?n?bi) n.pl. the currency of the People’s Republic of China, the basic unit of which is the yuan. [1955?60;