unit of account

noun

A standard numerical monetary unit of measurement of the market value of goods, services, and other transactions.

Meanings

noununit of account (plural units of account)

plural units of account

  1. accountingA standard numerical monetary unit of measurement of the market value of goods, services, and other transactions.

    Synonyms: settlement currency, money of account

Synonyms & antonyms

nounA standard numerical monetary unit of measurement of the market value of goods, services, and other transactions.

Translations

Finnish laskentayksikkö
  • laskentayksikköa standard numerical monetary unit of measurement of the market value of goods, services, and other transactions
French unité de compte
  • unité de comptea standard numerical monetary unit of measurement of the market value of goods, services, and other transactions
German Rechnungseinheit
  • Rechnungseinheita standard numerical monetary unit of measurement of the market value of goods, services, and other transactions
Cite this entry
APA

unit of account. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/unit%20of%20account

MLA

“unit of account.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/unit%20of%20account. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “unit of account,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/unit%20of%20account.

Source: unit of account on Wiktionary, CC BY-SA 4.0.