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numeraire

American  
[noo-muh-rair, nyoo-] / ˌnu məˈrɛər, ˌnyu- /

noun

  1. a basic standard by which values are measured, as gold in the monetary system.

Etymology

Origin of numeraire

1960–65; < French numéraire; numerary

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

It will be necessary that the payments of the ten per cent, be made in numeraire for the first year from the establishment of the plan.

From The Writings Of Thomas Paine, Volume III. 1791-1804 by Paine, Thomas

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.