Definition of monetary unit in English:

monetary unit

Line breaks: mon¦et|ary unit

noun

  • A standard unit of value of a country’s coinage.
    More example sentences
    • Finally, we have the average price level, which is an index of average prices expressed in monetary units.
    • Only 21 percent had a lower trust level in which they invested less than 8 monetary units.
    • First, measure the cost of living according to the prices quoted by merchants under the most recent definition of the monetary unit.

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Word of the day skosh
Pronunciation: skəʊʃ
noun
a small amount; a little