Sentence examples for notional currency from inspiring English sources

For this reason, Latvia has been a de facto member of the euro zone for years: the lat was pegged to the euro (and before that to the IMF's notional currency, the Special Drawing Right).

The transfer function for developing countries gives VSL = 1.3732E−4 × (GDP per capita)∧2.478, with VSL and GDP per capita expressed in 2005 international dollars (an international dollar being a notional currency with the same purchasing power as the U.S. dollar).

Ernst Fehr of the University of Zurich and colleagues tested 194 healthy male students in a series of sophisticated games of risk and trust: the players were given notional currency and could choose to place all of it, some of it or nothing in the hands of trustees who would then decide how much to hand back after the stake had been tripled.

Even China, whch started the rumbling about substituting the IMF's special drawing rights notional currency for the dollar, isn't budging.

Ecu, abbreviation of European currency unit, a notional unit of exchange, conceived in 1979, based on a "basket," or weighted combination, of the currencies of nations that belonged to the European Economic Community EECC; ultimately replaced by the European Union).

This enthusiasm has lifted the notional value of existing digital currencies to more than $130 billion.

Although the idea of a referendum is for the moment more notional than concrete, it is gaining currency in Germany's political debate.

The exchange is offering increasingly sophisticated services, such as auctions that factor in transportation costs, different currencies and even the notional cost of having to build a new relationship after switching suppliers.The process is also faster and more transparent than before it moved online.

PARIS — In the background of Europe's current afflictions — the headline malady of its suddenly shaky common currency or the sputtering of its notional economic recovery — there's a painful subtext.

Meanwhile, the notional value of over-the-counter derivatives such as currency and interest rate swaps climbed from $90 trillion at the end of 1999 to $197 trillion at the end of 2003.

(A grain is based on the notional weight of a grain of wheat: 1/7,000 of a pound). By fixing currencies to gold, the gold standard also fixed them to each other.