auralag (ON) noun

This referred to money value and rate of exchange. The relation between pure silver and silver in coin was often determined by relating them to some standard article of trade, such as ells of wadmal. An eyrir worth six ells was usual, and the ONorw laws also mention an eyrir worth ten ells (GuL), twelve ells, and nine ells (EidsL). The money value had to be considered especially in some cases of fines and business transactions. See GuL ch. 170 and FrL Jkb.

money value ONorw FrL Jkb 1
ONorw GuL Mhb Refs:

KLNM s.v. auralag