Definition of numeraire in English:

numeraire

noun ˈnjuːmərɛːˈnjuməˌrɛr

Economics

An item or commodity acting as a measure of value or as a standard for currency exchange.
〔经济〕货币兑换率计价标准；货币汇率本位
Example sentencesExamples
- Money therefore appears to be just a mere numeraire.
- Labor can be a numeraire of profits, but that hardly justifies the labor theory of value, because many things can be numeraires.
- No one knows how long savers will continue to accept a depreciating monetary unit as numeraire for their savings.
- This constraint is also essential for defining a numeraire, that is the monetary expression of one hour of labour.
- More practically, income could be measured as the money value, or value in some other numeraire, of the goods and services directly yielding utility, but only of those.

Origin

1960s: from French numéraire, from late Latin numerarius, from Latin numerus 'a number'.

Definition of numeraire in US English:

numeraire

nounˈnjuməˌrɛrˈnyo͞oməˌrer

Economics

An item or commodity acting as a measure of value or as a standard for currency exchange.
〔经济〕货币兑换率计价标准；货币汇率本位
Example sentencesExamples
- More practically, income could be measured as the money value, or value in some other numeraire, of the goods and services directly yielding utility, but only of those.
- Money therefore appears to be just a mere numeraire.
- No one knows how long savers will continue to accept a depreciating monetary unit as numeraire for their savings.
- This constraint is also essential for defining a numeraire, that is the monetary expression of one hour of labour.
- Labor can be a numeraire of profits, but that hardly justifies the labor theory of value, because many things can be numeraires.

Origin

1960s: from French numéraire, from late Latin numerarius, from Latin numerus ‘a number’.

词汇	numeraire
释义	Definition of numeraire in English: numeraire noun ˈnjuːmərɛːˈnjuməˌrɛr Economics An item or commodity acting as a measure of value or as a standard for currency exchange. 〔经济〕货币兑换率计价标准；货币汇率本位 Example sentencesExamples Money therefore appears to be just a mere numeraire. Labor can be a numeraire of profits, but that hardly justifies the labor theory of value, because many things can be numeraires. No one knows how long savers will continue to accept a depreciating monetary unit as numeraire for their savings. This constraint is also essential for defining a numeraire, that is the monetary expression of one hour of labour. More practically, income could be measured as the money value, or value in some other numeraire, of the goods and services directly yielding utility, but only of those. Origin 1960s: from French numéraire, from late Latin numerarius, from Latin numerus 'a number'. Definition of numeraire in US English: numeraire nounˈnjuməˌrɛrˈnyo͞oməˌrer Economics An item or commodity acting as a measure of value or as a standard for currency exchange. 〔经济〕货币兑换率计价标准；货币汇率本位 Example sentencesExamples More practically, income could be measured as the money value, or value in some other numeraire, of the goods and services directly yielding utility, but only of those. Money therefore appears to be just a mere numeraire. No one knows how long savers will continue to accept a depreciating monetary unit as numeraire for their savings. This constraint is also essential for defining a numeraire, that is the monetary expression of one hour of labour. Labor can be a numeraire of profits, but that hardly justifies the labor theory of value, because many things can be numeraires. Origin 1960s: from French numéraire, from late Latin numerarius, from Latin numerus ‘a number’.
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