numeraire


Also found in: Financial.

numeraire

(ˌnjuːməˈrɛə; French nymerɛr)
n
1. (Economics) economics a unit or an item of commerce in which prices are measured
2. (Currencies) finance a unit of currency against which other currencies are measured
References in periodicals archive ?
Elle devrait aussi se faire a moitie par un apport en numeraire des differents actionnaires et le reste par une reevaluation des actifs.
Pour rappel, l'AMMC a vise l'augmentation de capital de Label'Vie par apport en numeraire.
This was previously done using Bitcoin (because it was efficient and more anonymous than PayPal), but more recently Numerai launched its own token, Numeraire (NMR), on Ethereum, the public blockchain which has spawned a multitude of trustless, decentralized applications.
The second final good will be the non-numeraire, its price p will be the relative price of the non-numeraire good in terms of the numeraire, and the third product, an intermediate input, will also have its price q as the relative price of the intermediate input in terms of the numeraire.
Specifically, the SDR's three roles - an official reserve asset, a currency used more broadly in financial activity, and a numeraire - could ensure greater official liquidity, expand the range of new assets used around the world in public and private transactions, and boost its use as a unit of account.
Specifically, the SDR's three roles -- an official reserve asset, a currency used more broadly in financial activity and a numeraire -- could ensure greater official liquidity, expand the range of new assets used around the world in public and private transactions, and boost its use as a unit of account.
Lorsque le capital est rare, et cela a toujours lieu dans un pays ou l'on n'opere que sur numeraire, l'interet est considerable et tourne naturellement a l'usure.
But the core proposition was that there is a labour time numeraire of value.
First, for some people, it seems very unnatural to take the electronic dollar as numeraire rather than the paper dollar.
where T denotes the value of foreign aid to the enforcement sector in units of the numeraire good.
Expressing the concept this way makes it clear that "willingness to trade-off" becomes "willingness to pay" when it is a marginal rate of substitution with a numeraire good with a fixed constant marginal utility to price ratio.
Finally, indicators based on wage differentials quantify productivity divergences originating in the different levels of education completed, according to the remuneration received by a representative or numeraire worker.