constant dollar


noun

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.

Nearby words

  1. constancy,
  2. constans i,
  3. constant,
  4. constant de rebecque,
  5. constant de rebecque, henri benjamin,
  6. constant dollars,
  7. constant of gravitation,
  8. constant of integration,
  9. constant positive pressure breathing,
  10. constant region

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019


Culture definitions for constant dollars

constant dollars

A convention of statistics that measures industrial output and the like over time while controlling for changes owing to inflation. Using constant dollars usually gives a clearer view of how an enterprise is performing over time.

The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.