Indexed unit of account
A daily indexed unit of account or daily Consumer Price Index (CPI) can be used in contracts or in the Capital Maintenance in Units of Constant Purchasing Power accounting model, to ensure that deferred payments and constant real value non-monetary items are indexed to the general price level in terms of a Daily Index. This is done so that the real value of these items is not affected by changes in the inflation rate (in the case of monetary items) or by the stable measuring unit assumption (in the case of constant real value non-monetary items).