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numeraire

[ noo-muh-rair, nyoo- ]
/ ˌnu məˈrɛər, ˌnyu- /
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noun
a basic standard by which values are measured, as gold in the monetary system.
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Origin of numeraire

1960–65; <French numéraire;see numerary
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2021
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