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.
Origin of monetary unit
1Words Nearby monetary unit
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024
How to use monetary unit in a sentence
Gold is the nominal standard of value, the monetary unit being the gold milreis worth 2s.
The monetary unit, the gold peso, does not form a part of the actual coinage.
She could as easily have spoken of a chest of Spanish doubloons, or some other monetary unit of romance.
Otherwise Phyllis | Meredith NicholsonIt consists in a method of making the monetary unit conform to any standard chosen.
Readings in Money and Banking | Chester Arthur PhillipsFrance has the franc, equal to $0.193, as the monetary unit; the principal gold coin is the louis, equal to 20 francs.
Readings in Money and Banking | Chester Arthur Phillips
British Dictionary definitions for monetary unit
a unit of value and money of a country, esp the major or standard unit
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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