| 释义 |
constant dollars
constant dollarspl.n. Dollars reported in terms of the value they had on a previous date: The dividend of $8 per share paid in 2001 was worth only $4 in constant dollars of 1991, when the stock was purchased.constant dollars
Constant DollarA measure of a dollar's value with respect to some year. One may use a constant dollar analysis to account for inflation. For example, suppose one wishes to measure changes in the U.S. national debt. It would be most useful to use a constant dollar format, for example, by measuring the national debt for all years in the dollar's value in the year 2000. This eliminates inflation as a consideration when analyzing the national debt.constant dollars Dollars reported in unchanged value compared with the value reported on a previous date. For example, a company may have raised its dividends on each share of common stock from $2.00 in 1986 to $5.00 in 1996. However, after investors have adjusted for consumer price increases during the 10-year period, the 1996 dividend amounts to only $3.60 in constant dollars. In this case, the 1996 dollars are constant in terms of their 1986 purchasing power.AcronymsSeeK$ |