numeraire

[ noo-muh-rair, nyoo- ]
/ ˌnu məˈrɛər, ˌnyu- /

noun

a basic standard by which values are measured, as gold in the monetary system.

Origin of numeraire

1960–65; < French numéraire; see numerary
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019