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Keywords: unit of account
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Journal Article
European Community Agriculture and the World Market
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Alan Swinbank
American Journal of Agricultural Economics, Volume 62, Issue 3, August 1980, Pages 426–433, https://doi.org/10.2307/1240197
Published: 01 August 1980
..., including the use of a new unit of account. common agricultural policy import levy unit of account European Community Agriculture and the
World Market
Alan Swinbank
The European Communities' common agricultural policy is more complex than some
studies...
Chapter
Receipts
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Jane I. Guyer
Published: 05 May 2017
... and their containers spotlight money as a unit of account, and the social, business, and personal significance of accountings and record keeping. Receipts are memories, not just of business transactions but of interpersonal relationships and values beyond the material. Receipts provoke conversation, and in so doing...
Chapter
Reinventing money: The beginning of bank currency
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Christine Desan
Published: 27 November 2014
... the value it had borrowed among individuals. In turn, the government took those bills and notes back in taxes. It thus identified them as the unit of account—money. Given its treatment, users need not even cash the notes for coin. But a critical difference separated the new way of making money from the old...
Chapter
Published: 28 January 2016
... and monetary obligations in pounds, and identified the pound as a unit of account with the gold sovereign coin. The union began to break up in 1929 during the Great Depression. The chapter concentrates on Adelaide Electric Supply Company Ltd. v. Prudential Assurance Co. Ltd. , a House of Lords...
Chapter
Published: 28 January 2021
... role in the EPU negotiations, especially with his proposal for the EPU unit of account. Marshall George C Federal Reserve System US International Monetary Fund IMF Marshall Plan Statesmanship De Vries Margaret Travers Harry Economic Cooperation Agency US ECA European Payments Union EPU...
Chapter
What is Money?
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Simon Gleeson
Published: 20 December 2018
...This chapter details how money is usually regarded as having three characteristics—a unit of account, a medium of exchange, and a store of value—and this can be described as the traditional rule of recognition for money-ness. However, it is important to note that not all things that have all three...
Chapter
The Organization of the Monetary System
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Charles Proctor
Published: 06 January 2023
... of the unit of account and legal tender legislation, the issue of the currency in the United Kingdom, and the process of revaluation and devaluation. Currency and the unit of account Revaluation and devaluation Sterling International financial system International monetary conduct Monetary system Money...
Chapter
Money, Government, and Sovereignty
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Simon Gleeson
Published: 20 December 2018
...). Currency and the unit of account Monetary union and monetary sovereignty Theories of money 2.01 ‘One of the most robust regularities of monetary economics [is] the one to one correspondence between countries and currencies.’ 1 We have grown up in a world where money is in practice created...
Chapter
Money and Value
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Simon Gleeson
Published: 20 December 2018
...This chapter looks at money’s most fundamental attribute: it is perceived as something that has value. It should be reasonably clear that something which was not perceived as having value would by definition have none of the traditional characteristics of money—a unit of account, a medium...
Chapter
Money as a Legal Institution
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Christine Desan
Published: 28 January 2016
... coinage not specific coins stakeholders legal institution money as taxation token coinage units of account Roman law coinage commodity money free minting minting United Kingdom Bretton Woods system Baldus currency debasement deposit banking Elizabeth I Queen Molinaeus Carolus Dumoulin...
Chapter
Creation stories
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Christine Desan
Published: 27 November 2014
... to this approach, money is created when people advance in-kind value to the stakeholder of a group in return for a unit that represents that contribution. The stakeholder approach explains how a unit of account both entails material value as a fiscal credit and carries a cash premium for users. It suggests...
Chapter
From metal to money: Producing the “just penny”
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Christine Desan
Published: 27 November 2014
... England coins exchange gold gold coins government English Henry I Henry II law Matilda mints and minting mode of payment money money creation Plantagenet monarchs silver silver coins Stephen Treatise on the New Money unit of account Anglo Normans money and taxes under common law debt...
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