| 释义 |
unit of account
unit of account n 1. (Economics) economics the function of money that enables the user to keep accounts, value transactions, etc 2. (Economics) Also called (esp US and Canadian): money of account a monetary denomination used for accounting purposes, etc, but not necessarily corresponding to any real currency: the ECU is the unit of account of the European Monetary Fund. 3. (Economics) the unit of currency of a country EncyclopediaSeeMoney of Accountunit of account
Unit of AccountA measure of an amount of money. Units of account, for example, divide one dollar into 100 cents or one pound into 100 pence. Units of account are somewhat arbitrary, but are necessary to measure value and price fairly.unit of account see MONEY.unit of account an attribute of MONEY that enables people to use money to measure and record the value of GOODS and SERVICES and financial transactions. A unit of account may take a physical form, for example CURRENCY, or may be an intangible ‘book-keeping’ asset such as the SPECIAL DRAWING RIGHT and the EUROPEAN CURRENCY UNIT. |