单词 | unit of account |
释义 | > as lemmasunit of account unit of account: a monetary unit used for the keeping of accounts.A unit of account may not necessarily correspond to any coins or notes in circulation (see, e.g., quots. 1882 and 1977). ΘΚΠ society > trade and finance > money > standards and values of currencies > [noun] > money of account > unit of unit of account1797 1797 Encycl. Brit. XII. 219/1 Every variation in the value of the unit of account [must] affect all persons..who are obliged to receive sums of money stipulated in multiples..of that money-unit. 1821 T. Jefferson Autobiogr. in Writings (1892) I. 74 I proposed..to adopt the Dollar as our Unit of account and payment. 1882 R. Bithell Counting-house Dict. 311 Unit of Account, the unit of value in which accounts are kept. It may, or may not, coincide with any coin in circulation... The Anglo-Saxon unit of account was the shilling..but no coin called a shilling was issued before the reign of Henry VII. 1973 Physics Bull. Apr. 207/1 The four year allocation for direct research work amounts to 157·2 million units of account ( ua, equal to the predevaluation US dollar, ie about £65m). 1977 Times 6 Dec. (Europa Suppl.) p. iii/6 Units of account, embryonic European currency used as a device for calculating the EEC budget, fixing farm prices and in certain transactions with non-Community countries. The value of the unit of account in national currencies depends on the purpose for which it is being used. 2014 Washington Post (Nexis) 20 Jan. a15 Bitcoins flunk as a store of value and unit of account. < as lemmas |
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