monetary unit


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., "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

Keep scrolling for more

Learn More about monetary unit

Time Traveler for monetary unit

Time Traveler

The first known use of monetary unit was in 1810

See more words from the same year

Statistics for monetary unit

Cite this Entry

“Monetary unit.” Dictionary, Merriam-Webster, Accessed 12 Aug. 2020.

Comments on monetary unit

What made you want to look up monetary unit? Please tell us where you read or heard it (including the quote, if possible).


Test Your Vocabulary

Original Meanings Quiz

  • rembrandt painting a young scholar and his tutor
  • Which of the following is the earliest known sense of the word awe?
Spell It

Can you spell these 10 commonly misspelled words?


Test Your Knowledge - and learn some interesting things along the way.

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!