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A unit of measurement that applies to money is called a unit of account in economics and unit of measure in accounting. [5] 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.
Metric units are units based on the metre, gram or second and decimal (power of ten) multiples or sub-multiples of these. According to Schadow and McDonald, [ 1 ] metric units, in general, are those units "defined 'in the spirit' of the metric system, that emerged in late 18th century France and was rapidly adopted by scientists and engineers.
In the SI system and generally in older metric systems, multiples and fractions of a unit can be described via a prefix on a unit name that implies a decimal (base-10), multiplicative factor. The only exceptions are for the SI-accepted units of time (minute and hour) and angle (degree, arcminute, arcsecond) which, based on ancient convention ...
A metric prefix is a unit prefix that precedes a basic unit of measure to indicate a multiple or submultiple of the unit. All metric prefixes used today are decadic.Each prefix has a unique symbol that is prepended to any unit symbol.
When that multiplier is one, the unit is called a coherent derived unit. For example, the coherent derived SI unit of velocity is the metre per second, with the symbol m/s. [1]: 139 The base and coherent derived units of the SI together form a coherent system of units (the set of coherent SI units). A useful property of a coherent system is ...
A unit fraction is a common fraction with a numerator of 1 (e.g., 1 / 7 ). Unit fractions can also be expressed using negative exponents, as in 2 −1, which represents 1/2, and 2 −2, which represents 1/(2 2) or 1/4. A dyadic fraction is a common fraction in which the denominator is a power of two, e.g. 1 / 8 = 1 / 2 3 .
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