monetary system

Noun

Meaning

anything that is generally accepted as a standard of value and a measure of wealth in a particular country or region

Source: WordNet

Synonyms

currency coinage medium of exchange

Hypernyms

standard measure criterion touchstone

Hyponyms

money currency stamp tender legal tender

Examples

Monetary system Mexico’s monetary policy was revised following the 1994–95 financial crisis, when officials decided that maintaining general price stability was the best way to contribute to the sustained growth of employment and economic activity. Source: Internet

Close letter words and terms

monetary resource monetary standard monetary supply monetary terms monetary unit monetary value