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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.

Overnight King Albert, by royal decree, proclaimed the creation of a new monetary unit, the belga, worth exactly five Belgian paper francs and exactly .209211 grams of gold.

From Time Magazine Archive

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

Siam abruptly substituted, as a monetary unit, the baht for the tical.

From Time Magazine Archive

Most important, Dutch bankers finance with generous credits the largest part of Germany's raw-material purchases, and this trade would end when the guilder ceased to be the monetary unit of an independent country.

From Time Magazine Archive

Officially the Papal monetary unit is the "gold lira," identical in value with the stabilized Italian lira.

From Time Magazine Archive

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