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.

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Example Sentences

Transactions processed at the world's largest payments processor rose 12% on a constant dollar basis to 50.9 billion in the fourth quarter ended Sept. 30.

From Reuters • Oct. 25, 2022

On a constant dollar basis, Visa's payment volumes surged 10%, while cross-border volumes - a key measure that tracks spending on cards beyond the country of issue - jumped 36%.

From Reuters • Oct. 25, 2022

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