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monetary unit

American

noun

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

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.

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

France has the franc, equal to $0.193, as the monetary unit; the principal gold coin is the louis, equal to 20 francs.

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

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023