dollar of account

noun

plural dollars of account

: the U.S. dollar reckoned on the London stock exchange at four shillings (instead of actual exchange value) for facility of calculation

The Ultimate Dictionary Awaits

Expand your vocabulary and dive deeper into language with Merriam-Webster Unabridged.

1. Expanded definitions
2. Detailed etymologies
3. Advanced search tools
4. All ad-free

Discover what makes Merriam-Webster Unabridged the essential choice for true word lovers.

Start Your Free Trial Now