Monetary unit

Monetary unit
Monetary Mon"e*ta*ry, a. [L. monetarius belonging to a mint. See {Money}.] Of or pertaining to money, or consisting of money; pecuniary. ``The monetary relations of Europe.'' --E. Everett. [1913 Webster]

{Monetary unit}, the standard of a national currency, as the dollar in the United States, the pound in England, the peso in Mexico, the ruble in Russia, the franc in France, the mark in Germany. Also, the standard of an international currency, such as the euro used in the European union. [1913 Webster +PJC]

The Collaborative International Dictionary of English. 2000.

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  • monetary unit — UK US noun [C] ► ECONOMICS the basic form of currency in a country, such as the euro, dollar, or pound: »Central banks need a strong and stable monetary unit to offer a safe haven to investors. → Compare UNIT OF CURRENCY(Cf. ↑unit of currency) …   Financial and business terms

  • monetary unit — index cash Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • monetary unit — noun a unit of money • Hypernyms: ↑unit of measurement, ↑unit • Hyponyms: ↑dollar, ↑euro, ↑franc, ↑fractional monetary unit, ↑subunit, ↑ …   Useful english dictionary

  • monetary unit — The standard unit of currency in a country. The monetary unit of each country is related to those of other countries by a foreign exchange rate …   Big dictionary of business and management

  • monetary unit — unit of currency …   English contemporary dictionary

  • monetary unit — /ˈmʌnətri junət/ (say munuhtree yoohnuht) noun 1. the standard or major unit of value of the currency of a country. 2. any unit of value in the currency of a country …  

  • monetary unit — noun Date: 1810 the standard unit of value of a currency …   New Collegiate Dictionary

  • monetary unit — the standard unit of value of the currency of a country, as the dollar in the U.S. and the franc in France. [‡1860 65] * * * …   Universalium

  • monetary unit — noun A standard unit of a currency, of which the value of coins or notes are multiples …   Wiktionary

  • monetary unit — mon′etary u′nit n. the standard unit of value of the currency of a country, as the dollar in the U.S • Etymology: 1860–65 …   From formal English to slang

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