monetary unit

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]

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Universalium. 2010.

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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 — 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… …   The Collaborative International Dictionary of English

  • 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 — 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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