Money terms: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Create page. Sources: Linked pages.) |
(No difference)
|
Revision as of 17:13, 9 August 2021
1. Inflation adjustment - comparison.
An amount stated in money terms is one which has not been restated to take account of the effects of inflation.
This is the most commonly used basis for measuring and quoting financial information, also known as 'nominal terms'.
Contrasted with real terms measures, which are inflation-adjusted ones.
2. Quantification.
An item measured, or expressed, as an amount of money.
Rather than on any other basis.
