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numeraire

[noo-muh-rair, nyoo-] /ˌnu məˈrɛər, ˌnyu-/
noun
1.
a basic standard by which values are measured, as gold in the monetary system.
Origin of numeraire
1960-1965
1960-65; < French numéraire; see numerary
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2018.
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