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numeraire

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

noun

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


Etymology

Origin of numeraire

1960–65; < French numéraire; see numerary

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

This obsession with petrodollars pulls our attention away from something more fundamental: the dollar’s role as the world’s numeraire, the denominating currency against which all or most other prices, contracts, and values are expressed.

From Barron's • May 27, 2026

They chose to denominate in dollars precisely because the dollar was already the world’s numeraire.

From Barron's • May 27, 2026

It will be necessary that the payments of the ten per cent, be made in numeraire for the first year from the establishment of the plan.

From The Writings Of Thomas Paine, Volume III. 1791-1804 by Paine, Thomas

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