current dollars

current dollars definition - business

current dollars

The inflation-adjusted price of something valued in a previous time period. For example, a 50% overall inflation since milk was purchased in 1998 for $2.00 a gallon results in a price of $3.00 in current dollars.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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