follow Dictionary.com

What's the "een" in Halloween?

big mac index

noun

an index for exchange rates for purchasing power parity (PPP) based solely on the prices of the Big Mac sandwich of McDonald's restaurants around the world, published each spring by The Economist newspaper

Examples

The Big Mac Index is an informal way of measuring whether one currency is at the theoretically correct exchange rate with another currency.

Word Origin

1986

Dictionary.com's 21st Century Lexicon
Copyright © 2003-2014 Dictionary.com, LLC
Cite This Source

Word of the Day

Word Value for big

6
8
Scrabble Words With Friends

Nearby words for big mac index