monetary Definition
- 1relating to money or currency
- 2involving the use of money
Using monetary: Examples
Take a moment to familiarize yourself with how "monetary" can be used in various situations through the following examples!
Example
The government has implemented a new monetary policy to control inflation.
Example
The company's monetary gains have increased significantly this year.
Example
The monetary value of the painting is estimated to be around $1 million.
monetary Synonyms and Antonyms
Phrases with monetary
Example
The US dollar is the monetary unit of the United States.
the set of rules, institutions, and mechanisms that govern the supply of money in a country
Example
The monetary system of the European Union is based on the euro.
the process by which a government, central bank, or monetary authority manages the supply and availability of money in the economy
Example
The Federal Reserve uses monetary policy to stabilize the economy and promote growth.
Origins of monetary
from Latin 'monetarius', meaning 'pertaining to money'
Summary: monetary in Brief
The term 'monetary' [ˈmɒnɪtəri] refers to anything related to money or currency. It can describe policies, systems, or values, such as 'The government has implemented a new monetary policy to control inflation.' The phrase 'monetary unit' refers to a country's currency, while 'monetary system' describes the rules governing its supply. 'Monetary' is often used in formal contexts, such as 'The company's monetary gains have increased significantly this year.'