monetary unit


: the standard unit of value of a currency

Examples of monetary unit in a Sentence

Recent Examples on the Web Under a genuine gold standard, a monetary unit is defined as a specific quantity of gold. William J. Luther and Alexander William Salter, WSJ, 2 Aug. 2021 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, 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., 12 June 2019

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'monetary unit.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1810, in the meaning defined above

Time Traveler
The first known use of monetary unit was in 1810

Dictionary Entries Near monetary unit

Cite this Entry

“Monetary unit.” Dictionary, Merriam-Webster, Accessed 18 May. 2024.

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