- money of account
- Date: 1691 a denominator of value or basis of exchange which is used in keeping accounts and for which there may or may not be an equivalent coin or denomination of paper money
New Collegiate Dictionary. 2001.
money of account
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Money of account — Money Mon ey, n.; pl. {Moneys}. [OE. moneie, OF. moneie, F. monnaie, fr. L. moneta. See {Mint} place where coin is made, {Mind}, and cf. {Moidore}, {Monetary}.] 1. A piece of metal, as gold, silver, copper, etc., coined, or stamped, and issued by … The Collaborative International Dictionary of English
money of account — ˌmoney of acˈcount noun [countable usually singular] FINANCE the currency used in business and finance in a particular place: • Since 1999, the Euro has been the money of account in most EU countries. * * * money of account UK US noun [C, usually … Financial and business terms
money of account — n. a monetary denomination used in keeping accounts, esp. one not issued as a coin or piece of paper money (e.g., the U.S. mill) … English World dictionary
Money market account — This article is about the type of bank deposit account. For the type of mutual fund, see Money market fund. Banking … Wikipedia
Money of account — The money of account is the monetary unit in which accounts are kept, which is not necessarily linked to actual currency. [cite web| url=http://www.bartleby.com/61/50/M0385000.html| title=Bartleby| date=January 1 2000| accessdate=2007 03 09|… … Wikipedia
Money Market Account — A savings account that offers the competitive rate of interest (real rate) in exchange for larger than normal deposits. Also known by the acronym MMDA , which stands for money market demand account or money market deposit account . Many money… … Investment dictionary
money of account — denominations of money used in reckoning but not current as coins. → account … English new terms dictionary
money of account — mon′ey of account′ n. bus num a monetary denomination used in reckoning, esp. one not issued as a coin, as the U.S. mill • Etymology: 1685–95 … From formal English to slang
money of account — a denominator of value or basis of exchange which is used in keeping accounts and for which there may or may not be an equivalent in coin or paper money … Useful english dictionary
Money Market Account Extra - MMAX — An account structure that provides depositors with the ability to secure FDIC insurance on large deposits that would otherwise exceed the normal insurance limit of $250,000. The MMAX structure allows banks to attract large depositors, including… … Investment dictionary
