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Unit of account
A unit of account in economics is a nominal monetary unit of measure or currency used to value/cost goods, services, assets, liabilities, income, expenses; i.e., ... More »

Money as a Unit of Account: Definition, Function & Example - Video ...


Money is vitally important in our modern economy and serves several important functions. In this lesson, you'll learn about the role of money as a unit of account ...

What is unit of account? definition and meaning


Definition of unit of account: Unit by which value of a thing is accounted and compared. It is one of the primary functions of money.

What is Unit Of Account? definition and meaning - InvestorWords.com


Definition of unit of account: A basic function of money, providing a unit of measurement for defining, recording, and comparing value. I.e., one dollar...

Unit of account | Define Unit of account at Dictionary.com


(economics) the function of money that enables the user to keep accounts, value transactions, etc. 2. Also called (esp US and Canadian) money of account. a ...

Unit of account - definition of unit of account by The Free Dictionary

www.thefreedictionary.com/unit of account

(Economics) economics the function of money that enables the user to keep accounts, value transactions, etc. 2. (Economics) a monetary denomination used for ...

Unit Of Account | Definition of unit of account by Merriam-Webster

www.merriam-webster.com/dictionary/unit of account

a monetary unit or measure of value (as a coin) in terms of which accounts are kept and values stated. ADVERTISEMENT ...

unit of account Meaning in the Cambridge English Dictionary


unit of account meaning, definition, what is unit of account: the money used in accounts, etc. for a particular purpose: . Learn more.

Definition of “unit of account” | Collins English Dictionary


Definition of “unit of account” | The official Collins English Dictionary online. Comprehensive and authoritative, rely on Collins for up-to-date English with insights ...

Unit of Account Law & Legal Definition


A unit of account is a standard monetary unit of measurement used for describing the value of something. It can be used to determine the value, cost of goods, ...

Popular Q&A
Q: What is financial definition of Unit of Account?
A: A 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 arbi... Read More »
Source: financial-dictionary.thefreedictionary.com
Q: What Is the Definition of a Control Unit?
A: A control unit is a key component in all computer systems. It works with the central processing unit to instruct, maintain and control the flow of information. ... Read More »
Source: www.ehow.com
Q: What Is the Definition of Accounting Software?
A: Accounting software has increased the effectiveness and efficiency of accounting firms and businesses over the past several decades. Computerized software has a... Read More »
Source: www.ehow.com
Q: What is the definition of unit rate?
A: The Unit Rate Is The Quantity Of. ONE. Thing. Read More »
Source: wiki.answers.com
Q: What is the definition of metric units?
A: Metric units are the decimal units of measurement of the metric system (based on meters and kilograms and seconds) Read More »
Source: wiki.answers.com