Akademik

money of account
money of account ˌmoney of acˈcount noun [countable usually singular] FINANCE
the currency used in business and finance in a particular place:

• Since 1999, the Euro has been the money of account in most EU countries.

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money of account UK US noun [C, usually singular] FINANCE
the money used in business in a particular place for a particular activity: »

The money of account is not necessarily linked to actual currency.


Financial and business terms. 2012.