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Unit of account - Wikipedia
A unit of account in economics is a nominal monetary unit of measure or currency used to represent the real value (or cost) of any economic item; i.e. goods, ... More »

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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.

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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 ...

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Aug 23, 2016 ... UNIT OF ACCOUNT meaning - UNIT OF ACCOUNT definition - UNIT OF ACCOUNT explanation. Source: Wikipedia.org article, adapted under ...

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Unit of account definition at Dictionary.com, a free online dictionary with pronunciation, synonyms and translation. Look it up now!

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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...

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Unit of account definition: the function of money that enables the user to keep accounts , value transactions , etc | Meaning, pronunciation, translations and ...

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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.

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There are three aspects to the unit of account issue: definition, recognition, and .... The other elements of financial statements defined in Concepts Statement.

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unit of account - An item that measures the market value of something. In an economy, a unit of account is used to offer goods and services for sale, as well as ...