Definition of monetary unit in English:

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monetary unit

noun

A standard unit of value of a country’s coinage.
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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