money of account
Date: 1691 a denominator of value or basis of exchange which is used in keeping accounts and for which there may or may not be an equivalent coin or denomination of paper money

New Collegiate Dictionary. 2001.

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  • Money of account — Money Mon ey, n.; pl. {Moneys}. [OE. moneie, OF. moneie, F. monnaie, fr. L. moneta. See {Mint} place where coin is made, {Mind}, and cf. {Moidore}, {Monetary}.] 1. A piece of metal, as gold, silver, copper, etc., coined, or stamped, and issued by …   The Collaborative International Dictionary of English

  • 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. * * * money of account UK US noun [C, usually …   Financial and business terms

  • money of account — n. a monetary denomination used in keeping accounts, esp. one not issued as a coin or piece of paper money (e.g., the U.S. mill) …   English World dictionary

  • Money of account — The money of account is the monetary unit in which accounts are kept, which is not necessarily linked to actual currency. [cite web| url=http://www.bartleby.com/61/50/M0385000.html| title=Bartleby| date=January 1 2000| accessdate=2007 03 09|… …   Wikipedia

  • money of account — mon′ey of account′ n. bus num a monetary denomination used in reckoning, esp. one not issued as a coin, as the U.S. mill • Etymology: 1685–95 …   From formal English to slang

  • money of account — denominations of money used in reckoning but not current as coins. → account …   English new terms dictionary

  • money of account — a denominator of value or basis of exchange which is used in keeping accounts and for which there may or may not be an equivalent in coin or paper money …   Useful english dictionary

  • money of account — noun A denomination of value used in keeping accounts, for which there may, or may not, be an equivalent coin …   Wiktionary

  • money of account — a monetary denomination used in reckoning, esp. one not issued as a coin, as the U.S. mill. [1685 95] * * * …   Universalium

  • Money market account — This article is about the type of bank deposit account. For the type of mutual fund, see Money market fund. Banking …   Wikipedia

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