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constant dollar

American  

noun

  1. a dollar valued according to its purchasing power in an arbitrarily set year and then adjusted for price changes in other years so that real purchasing power can be compared by giving prices as they would presumably be in the base year.


Example Sentences

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On a constant dollar basis, Visa's payment volumes rose 7% for the three months ended Dec. 31, 2022.

From Reuters Jan. 26, 2023

Total cross-border volume rose 38% on a constant dollar basis from a year earlier.

From Reuters Oct. 26, 2021

But since 1983, they have actually declined by $202 million in constant dollar terms.

From US News Aug. 19, 2016

“This device is a billion times more valuable per constant dollar than the computer I used as a student at MIT in the late ’60s,” he says.

From Forbes Oct. 12, 2011

It now takes 3 1/2 percent less energy to produce a constant dollar of GNP than it did in January 1977.

From State of the Union Address by Carter, Jimmy

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