monetary

Language: en

🇬🇧 /ˈmʌnɪtəri/ 🇺🇸 /ˈmɑnəˌtɛriː/

📖 Definitions

  1. adjective
    Relating to or consisting of money, especially in terms of a country's currency or financial system.; Relating to the supply of money in an economy, particularly as managed by a central bank.; Pertaining to the value or unit of money in a particular country or system.; Involving or measured in terms of money; financial.

🔗 Details

Word forms

Comparative: more monetary Superlative: most monetary

Collocations

monetary policymonetary systemmonetary unionmonetary authoritymonetary reformmonetary base

Derivatives

monetarilymonetarismmonetaristmonetizemonetization

Synonyms

financialfiscalpecuniaryeconomic

Commonly confused

fiscal
EN: 'Fiscal' relates specifically to government revenue, taxation, and public spending; 'monetary' relates to the money supply, currency, and central banking.
monitory
EN: 'Monitory' means giving a warning or admonition; 'monetary' relates to money.
financial
EN: 'Financial' is a broader term covering all matters of finance and money management; 'monetary' is narrower, focusing on currency and money supply.

Spelling tips

EN: Do not confuse 'monetary' with 'monitory' (meaning admonitory) or misspell it as 'monestary' by analogy with 'monastery'.

💬 Examples

  1. The government implemented new monetary policies to control inflation.

  2. The Federal Reserve adjusted monetary policy by raising interest rates.

  3. The monetary unit of Japan is the yen.

  4. She received monetary compensation for the damages caused by the accident.