numéraire

Etymology

From French numéraire.

Noun

numéraire (plural numéraires)

1. a basic standard by which values are measured

   Acting as the numéraire is one of the functions of money: to measure the worth of different goods and services relative to one another. "Numéraire goods" are goods with a fixed price of 1 used to facilitate calculations when only the relative prices are relevant

Pronunciation

• IPA^(key): /ny.me.ʁɛʁ/

Noun

numéraire m (plural numéraires)

1. currency (money or other item used to facilitate transactions)

Further reading

• “numéraire” in le Trésor de la langue française informatisé (The Digitized Treasury of the French Language).