Home    A   B   C   D   E   F   G   H   I   J   K   L   M   N   O   P   Q   R   S   T   U   V   W   X   Y   Z

Constant Dollars

Dollars of uniform purchasing power tied to a reference year (usually the Base Year) and exclusive of general price Inflation or deflation.  Computed values which remove the effect of price changes over time (inflation). 

An estimate is said to be in constant dollars if costs for all work are adjusted to reflect the level of prices of a base year.

See also: