unit of account

English

Noun

unit of account (plural units of account)

1. (economics, finance, accounting) A standard numerical monetary unit of measurement of the market value of goods, services, and other transactions.

   Synonyms: settlement currency, money of account

Translations

a standard numerical monetary unit of measurement of the market value of goods, services, and other transactions — see also money of account

• Finnish: laskentayksikkö
• French: unité de compte (fr) f

Further reading

• “unit of account”, in Cambridge English Dictionary, Cambridge, Cambridgeshire: Cambridge University Press, 1999–present.
• “unit of account” in Longman Dictionary of Contemporary English, Longman.
• “unit of account”, in Merriam-Webster Online Dictionary, Springfield, Mass.: Merriam-Webster, 1996–present.