numéraire
Word Rarity
Very rare
Frequency: Zipf frequency 0.00 in modern English
10
Scrabble Score
9
Letters
2
Syllables
8
Unique Chars
Meaning
Example Sentences
- "The role of the numeraire currency makes its position asymmetrical with respect to other currencies, because to fix the price of other currencies in terms of the numeraire requires using the numeraire currency as a medium of intervention, vehicle of transactions, and store of value."
- "And, of course, the bond market provides the necessary futures market for the numéraire good."
Etymology
Origin
- Source language: French
Word Breakdown
- Root: numéraire