numéraire - definizione. Che cos'è numéraire
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Cosa (chi) è numéraire - definizione

BASIC STANDARD BY WHICH VALUE IS COMPUTED, ESPECIALLY IN ECONOMICS
Numeraire; Normalization (economics); Numéraire good; Numeraire good; Change of numéraire; Change of numeraire

numeraire         
['nju:m?r?:]
¦ noun Economics an item or commodity acting as a measure of value or as a standard for currency exchange.
Origin
1960s: from Fr. numeraire, from late L. numerarius, from L. numerus 'a number'.
Numéraire         
The numéraire (or numeraire) is a basic standard by which value is computed. In mathematical economics it is a tradable economic entity in terms of whose price the relative prices of all other tradables are expressed.

Wikipedia

Numéraire

The numéraire (or numeraire) is a basic standard by which value is computed. In mathematical economics it is a tradable economic entity in terms of whose price the relative prices of all other tradables are expressed. In a monetary economy, one of the functions of money is to act as the numéraire, i.e. to serve as a unit of account and therefore provide a common benchmark relative to which the value of various goods and services can be measured against.

Using a numeraire, whether monetary or some consumable good, facilitates value comparisons when only the relative prices are relevant, as in general equilibrium theory. When economic analysis refers to a particular good as the numéraire, one says that all other prices are normalized by the price of that good. For example, if a unit of good g has twice the market value of a unit of the numeraire, then the (relative) price of g is 2. Since the value of one unit of the numeraire relative to one unit of itself is 1, the price of the numeraire is always 1.