Noun
unit of account (plural unit of accounts)
(economics, finance, accounting) A standard numerical monetary unit of measurement of the market value of goods, services, and other transactions.
Synonyms: settlement currency, money of account
Money is here called the a medium and not, as customary, a unit of account because, clearly, money itself is not a unit, but the good whose unit is used as the unit of account. Jürg Niehans
After the collapse of that system in the early 1970s the XDR has taken on a less important role. citation Acting as the unit of account for the IMF has been its primary purpose since 1972. Source: Internet
Consequently, inflation reflects a reduction in the purchasing power per unit of money a loss of real value in the medium of exchange and unit of account within the economy. Source: Internet
Coins and notes As the ECU was only an electronic unit of account and not a full currency, it did not have any official coins or notes that could be used for everyday transactions. Source: Internet
Mahathir claimed it would be a stable unit of account and a political symbol of unity between Islamic nations. Source: Internet
In 1894, the pataca was introduced in both Macau and Portuguese Timor as a unit of account for the Mexican dollar and the other silver dollar coins in circulation. Source: Internet