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money of account

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money of account

n.

A monetary unit in which accounts are kept and that may or may not correspond to actual current denominations.

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References in classic literature

Milreis
Pardo
Rei

Reis
Skilling
Tournois

* Before the Revolution, each province had its own money of account though neither coined any but copper pieces.

The Pioneers by Cooper, James Fenimore View in context

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