unit of account
English
Noun
unit of account (plural unit of accounts)
- (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 translations at money of account
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Further reading
- “unit of account” in the Cambridge English Dictionary, Cambridge: Cambridge University Press.
- “unit of account” in Longman Dictionary of Contemporary English, Longman.
- “unit of account”, in Merriam-Webster Online Dictionary
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