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.