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monetary unit

American  

noun

  1. the standard unit of value of the currency of a country, as the dollar in the U.S. and the franc in France.


monetary unit British  

noun

  1. 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

Etymology

Origin of monetary unit

Probably earlier than 1860–65

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

See Examples For:

Bitcoins can be split into smaller units, with a satoshi being the smallest monetary unit.

From BBC Feb. 15, 2025

And on the other hand, it’s also a financial asset, so bitcoin is the name of the monetary unit that circulates within the bitcoin protocol.

From The Verge Apr. 6, 2021

Not that Scrabblers care all that much about definitions, qapik is a monetary unit in Azerbaijan.

From Seattle Times Sep. 24, 2018

The dollar was chosen as the monetary unit of the new United States in 1785.

From New York Times Apr. 25, 2016

It consists in a method of making the monetary unit conform to any standard chosen.

From Readings in Money and Banking Selected and Adapted by Phillips, Chester Arthur

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