NUMERAIRE


Meaning of NUMERAIRE in English

[ 'nju:mərɛ: ]

■ noun Economics an item or commodity acting as a measure of value or as a standard for currency exchange.

Origin

1960s: from Fr. numéraire , from late L. numerarius , from L. numerus 'a number'.

Concise Oxford English vocab.      Сжатый оксфордский словарь английского языка.