Any unit of currency worth four pence.
groat
Definitions, parts of speech, synonyms, and sentence examples for groat.
Editorial note
Howe does giving everyone 10 groats per year of income independent of groat writing decrease the market clearing cost of groat writing?
Quick take
Any unit of currency worth four pence.
Meaning at a glance
The clearest senses and uses of groat gathered in one view.
A proverbial small sum; a whit or jot.
A surname.
Definitions
Core meanings and parts of speech for groat.
noun
Any unit of currency worth four pence.
noun
A proverbial small sum; a whit or jot.
noun
A surname.
noun
(archaic or historical) Any of various old coins of England and Scotland.
Example sentences
Howe does giving everyone 10 groats per year of income independent of groat writing decrease the market clearing cost of groat writing?
Considering the supply (labor) supply alone, it shouldn't decrease the marginal utility cost of groat writing, but given that, like most things, income has a declining marginal utility, the baseline income should increase the financial equivalent to that cost, and thus shift the demand curve in a way that would increase the market clearing cost.
Frequently asked questions
Short answers drawn from the clearest meanings and examples for this word.
How do you use groat in a sentence?
Howe does giving everyone 10 groats per year of income independent of groat writing decrease the market clearing cost of groat writing?
What does groat mean?
Any unit of currency worth four pence.
What part of speech is groat?
groat is commonly used as noun.