Share this entry
numeraire Line breaks: nu¦mer|aire
Pronunciation: /ˈnjuːmərɛː/

Definition of numeraire in English:


An item or commodity acting as a measure of value or as a standard for currency exchange.
Example sentences
  • Money therefore appears to be just a mere numeraire.
  • More practically, income could be measured as the money value, or value in some other numeraire, of the goods and services directly yielding utility, but only of those.
  • Labor can be a numeraire of profits, but that hardly justifies the labor theory of value, because many things can be numeraires.


1960s: from French numéraire, from late Latin numerarius, from Latin numerus 'a number'.

Definition of numeraire in:
Share this entry

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.

Subscribe to remove adverts and access premium resources