money of account

noun phrase

Definition of money of account

: a denominator of value or basis of exchange which is used in keeping accounts and for which there may or may not be an equivalent coin or denomination of paper money

First Known Use of money of account

1691, in the meaning defined above

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Time Traveler for money of account

Time Traveler

The first known use of money of account was in 1691

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Dictionary Entries Near money of account

moneyness

money of account

money of necessity

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Statistics for money of account

Cite this Entry

“Money of account.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/money%20of%20account. Accessed 15 Aug. 2022.

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