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numeraire (s) (noun), numeraires (pl)
1. A standard by which values are measured; such as, gold in the monetary system: The numeraire money unit of measure exists within an abstract macroeconomic model in which there is no actual money or currency.

Numeraire is a function of money as a measure of value or a unit of account; such as, a standard for currency exchange rates.

2. Etymology: from French numéraire "currency in circulation within a given political state".

This entry is located in the following unit: numer-, number- (page 3)