ˈāˌrir noun
( plural au·rar ˈœueˌrär)
Etymology: Icelandic, from Old Norse, ounce (usually of silver), money (in plural), probably from Latin aureus, gold coin — more at aureus
1. : a unit of monetary value in Iceland worth 1/100 of a krona — see money table
2. : a small coin representing one eyrir unit