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.
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 ...
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 definition at Dictionary.com, a free online dictionary with pronunciation, synonyms and translation. Look it up now!
Define unit of account: a monetary unit or measure of value (as a coin) in terms of which accounts are kept and values stated.
Unit of account definition: the function of money that enables the user to keep accounts , value transactions , etc | Meaning, pronunciation, translations and ...
The second function of money, as a unit of account, is rather obvious, but you may never have considered it before. When you walk into a restaurant, the menu ...
Define unit of account. unit of account synonyms, unit of account pronunciation, unit of account translation, English dictionary definition of unit of account. n 1.