Current dollar

Current dollar

Refers to the use of actual or real prices and costs. Escalation or inflation effects are included.

Current Dollar

The value of a dollar at the time at which it is measured. This varies from year to year, and, in times of high inflation, it may vary more often. For example, the current dollar value of $10 in 1950 is different from the current dollar value of $10 in 2009. Comparing current dollars may help in determining the rate of inflation.