NUMERAIRE
11
Scrabble
14
WWF
N(1) U(1) M(3) E(1) R(1) A(1) I(1) R(1) E(1)
NWL/TWL ✗ Collins ✓ WWF ✗
This word was not found in the English dictionary.
Definition
noun
- A basic standard by which values are measured“Acting as the numéraire is one of the functions of money: to measure the worth of different goods and services relative to one another. "Numéraire goods" are goods with a fixed price of 1 used to facilitate calculations when only the relative prices are relevant http//en.wikipedia.org/wiki/Numeraire”
Source: Wiktionary
