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dollar of account

noun
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plural dollars of account

Definition of dollar of account

: the U.S. dollar reckoned on the London stock exchange at four shillings (instead of actual exchange value) for facility of calculation

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Cite this Entry

“Dollar of account.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/dollar%20of%20account. Accessed 28 Jun. 2022.

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