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Unit of account | |
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About 1 pages (421 words) in 2 products |
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Encyclopedia and Summary Information
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Unit Of Account : Economics Topics
35 words, approx. 1 pages A MEDIUM OF ACCOUNT used as a measure or standard of value because of the stability of its value. Hard currencies are particularly used for this purpose. See also: medium of account;...
summary from source:

Unit of account Information
386 words, approx. 1 pages
 A unit of account is a standard monetary unit of measurement of the market value/cost of goods, services, or assets. It is one of three well-known functions of money. It lends meaning to profits, losses, liability, or assets. The accounting monetary...


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Unit of account | |
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About 1 pages (421 words) in 2 products |
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