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Definitions from the Web

Numeraire

Noun (Finance):

A numeraire refers to a basic unit of currency or a fixed asset that serves as a standard for measuring and comparing the value of other commodities or financial instruments.

Sample Sentence:

The US dollar is commonly used as a numeraire in international financial markets.

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• Numeraire: The Mathematics of Financial Derivatives
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Adjective:

Used to describe something popular or widely accepted among a particular group or locality.

Sample Sentence:

The band's latest album is the numeraire choice amongst teenagers in our town.

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