Coin of Account

A coin of account is a unit of money that does not exist as an actual coin (that is, a metal disk) but is used in figuring prices or other amounts of money.

Famous quotes containing the words coin of, coin and/or account:

    It is not funny that a man should be killed, but it is sometimes funny that he should be killed for so little, and that his death should be the coin of what we call civilization.
    Raymond Chandler (1888–1959)

    The oft-repeated Roman story is written in still legible characters in every quarter of the Old World, and but today, perchance, a new coin is dug up whose inscription repeats and confirms their fame. Some “Judæa Capta,” with a woman mourning under a palm tree, with silent argument and demonstration confirms the pages of history.
    Henry David Thoreau (1817–1862)

    If I tell you that I would be disobeying the god and on that account it is impossible for me to keep quiet, you won’t be persuaded by me, taking it that I am ironizing. And if I tell you that it is the greatest good for a human being to have discussions every day about virtue and the other things you hear me talking about, examining myself and others, and that the unexamined life is not livable for a human being, you will be even less persuaded.
    Socrates (469–399 B.C.)