Meaning & Definition of word "Monetary"
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Monetary
/ˈmʌnɪˌtɛri/
adjective:
- 1. Relating to money or currency.
- Example: The government implemented monetary policies to control inflation.
- 2. Pertaining to the system of money in general use in a particular country.
- Example: Each country has its own monetary system which defines how currency is produced and managed.
- 3. Referring to the management of money supply and interest rates by central banks.
- Example: Monetary stability is crucial for economic growth and investor confidence.
- 4. Concerning or involving financial transactions or monetary value.
- Example: The project faced various monetary challenges that required careful budgeting.
Etymology
From Latin 'monetarius', from 'moneta', meaning money.
Common Phrases and Expressions
monetary policy:
The process by which a central bank or government manages the money supply to achieve specific goals.
monetary system:
The set of institutions that manage the currency, banking, and monetary policy of a country.
monetary value:
The worth of something measured in terms of currency.
Related Words
currency:
A system of money in general use in a particular country.
economics:
The branch of knowledge concerned with the production, consumption, and transfer of wealth.
finance:
The management of large amounts of money, especially by governments or large companies.
Slang Meanings of monetary
Meaning: Dough
Example Sentence: He made a lot of dough from that investment.
Meaning: Bread
Example Sentence: I need to find a job to earn some bread.
Meaning: Cash
Example Sentence: I prefer paying in cash rather than using cards.