monetary unit

noun

Definition of monetary unit

: the standard unit of value of a currency

Examples of monetary unit in a Sentence

Recent Examples on the Web

Olmec, Toltec, Maya, Aztec—that found ways to exploit the bean, which was variously used as a monetary unit, a measuring unit and a meal. Franz Lidz, Smithsonian, "The Delicious, Ancient History of Chocolate and Vanilla," 11 July 2019 Rather than paying retailers directly with the digital money, Coinbase charges users a fee to convert other monetary units into a digital currency. SFChronicle.com, "Brex gets funding; Epic Games buys Houseparty; Coinbase debit on the move," 12 June 2019

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'monetary unit.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

First Known Use of monetary unit

1810, in the meaning defined above

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Last Updated

25 Jul 2019

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The first known use of monetary unit was in 1810

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