Units of Currency
A unit of measurement that applies to money is called a unit of account. This is normally a currency issued by a country or a fraction thereof; for instance, the US dollar and US cent (1⁄100 of a dollar), or the euro and euro cent.
ISO 4217 is the international standard describing three letter codes (also known as the currency code) to define the names of currencies established by the International Organization for Standardization (IOS).
Read more about this topic: Customary Units Of Measure
Famous quotes containing the words units and/or currency:
“Even in harmonious families there is this double life: the group life, which is the one we can observe in our neighbour’s household, and, underneath, another—secret and passionate and intense—which is the real life that stamps the faces and gives character to the voices of our friends. Always in his mind each member of these social units is escaping, running away, trying to break the net which circumstances and his own affections have woven about him.”
—Willa Cather (1873–1947)
“There is no legislation—I care not what it is—tariff, railroads, corporations, or of a general political character, that all equals in importance the putting of our banking and currency system on the sound basis proposed in the National Monetary Commission plan.”
—William Howard Taft (1857–1930)